SPX500
Yesterday, on Tuesday August 27, 2019, the price of the SPX500 index during the American session tended to decrease to the area of ??the upper weekly volatility of 2866, and there was also a zone of daily volatility. Today, at the opening of the European stock market, the index fell back to zone 2866 and rebounded from it. The target of purchases also remains the monthly volatility zone in the region of 2933, however yesterday's movement of the stock on the NASDAQ exchange speaks of a downward movement towards breaking through the weekly volatility zone of 2866 and a further decrease in the region of the lower zone of monthly volatility of 2816. Nevertheless, we see a slight increase in purchasing power on the AMEX exchange that resonates with NASDAQ.
skrinshoter.ru/i/280819/Bw7jniVq.png
On the hourly chart of the cumulative futures delta, there is a systematic increase in the DowJones index, as well as an increase in the SPX500, although yesterday there was a flat. But on the NASDAQ index, a tendency to decrease is very clearly seen for several days in a row, which in turn suggests the trading method based on statistical arbitrage or pair trading, which hedge funds apparently have been trading since August 26
skrinshoter.ru/i/280819/nn3lLydC.png
When checking the method of statistical arbitration, it is obvious that from the middle of August 26 there has been an uptrend on the hourly chart. Large funds buy DowJones and sell NASDAQ with a ratio of 1: 3, which was confirmed by the cumulative delta chart
skrinshoter.ru/i/280819/Lhkfkb16.png
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For cooperation, consultation, training and management, please contact in a personal message or on the website
Artyom Yaskiv (SMART4TRADER)
Yesterday, on Tuesday August 27, 2019, the price of the SPX500 index during the American session tended to decrease to the area of ??the upper weekly volatility of 2866, and there was also a zone of daily volatility. Today, at the opening of the European stock market, the index fell back to zone 2866 and rebounded from it. The target of purchases also remains the monthly volatility zone in the region of 2933, however yesterday's movement of the stock on the NASDAQ exchange speaks of a downward movement towards breaking through the weekly volatility zone of 2866 and a further decrease in the region of the lower zone of monthly volatility of 2816. Nevertheless, we see a slight increase in purchasing power on the AMEX exchange that resonates with NASDAQ.
skrinshoter.ru/i/280819/Bw7jniVq.png
On the hourly chart of the cumulative futures delta, there is a systematic increase in the DowJones index, as well as an increase in the SPX500, although yesterday there was a flat. But on the NASDAQ index, a tendency to decrease is very clearly seen for several days in a row, which in turn suggests the trading method based on statistical arbitrage or pair trading, which hedge funds apparently have been trading since August 26
skrinshoter.ru/i/280819/nn3lLydC.png
When checking the method of statistical arbitration, it is obvious that from the middle of August 26 there has been an uptrend on the hourly chart. Large funds buy DowJones and sell NASDAQ with a ratio of 1: 3, which was confirmed by the cumulative delta chart
skrinshoter.ru/i/280819/Lhkfkb16.png
--------------------------
For cooperation, consultation, training and management, please contact in a personal message or on the website
Artyom Yaskiv (SMART4TRADER)
