Petra Lukic
TraderYeah, the correlation has been pretty tight between them for a while now. Hard to bet against it, even with some minor rotations.
I wouldn't say it's dramatically different from last week, maybe slightly elevated but within normal intraday ranges for the NDX. What kind of moves are you seeing exactly?
I've actually found it easier, surprisingly. The bigger moves mean fewer trades needed to hit profit targets, as long as you're disciplined with stop losses. Whipsaws are always a factor, but they feel more pronounced in lower timeframes.
Yeah, I've been doing the same with MES. It's great for adjusting exposure without having to move large blocks of stock.
I'm leaning towards a technical rebound myself. The dollar strength is still very much in play overall.
For ZC, it's all about US planting intentions and early season weather. If we see a late start or widespread dryness, that could really tighten things up.