Quote:
Originally Posted by imported_Bigpips
There is indeed a 80%+ correlation between EUR/USD, USD/JPY and the US stock market, especially the S&P500. But that correlation varies and can reach 50% sometimes, so I would not bet the farm on that intermarket relation alone.
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What I am looking for is a similar reaction to the S&P500's short term price swings in relation to the TICK index. If there is a similar short term swing (10-20 minutes) in the EUR/USD pair. In the e-mini there is a very close reaction between the two where you will see the TICK index swing below 450 just prior to a sell off in the S&P500. If this does not provide a short term indicator, what other index might show the short term price swings of the pair?
Lcash
