If we were to use intraday correlation coefficients would it tell us which indices are leading and which are lagging or is it that the odd one out is simply doing its own thing
May post this again as posts get lost in the many pages that form during the day
attached image , note data out of...
Intermarket analysis is a very interesting area
Agree on the gold correlation thing being out of whack, has been for some time now
Interesting thoughts there Joseph will add my findings here as I journey deeper down the rabbit hole
So in simple terms if we were trading the dax
Dax up
Euro down
Dollar up
Oil down
Gold down
And could we draw up a Correlation coefficient spread sheet in order to make sure our trade is in tune