US500 Going for long Finding N3 at LTF{image}
I got a newbie question here, if anyone are willing to help me.
Thanks in advance.
Does Nasdaq, SPX500 and Dow30 have similar moves and correlated ?
Nasdaq, SPX500, and Dow30 are all major stock market indices, but they represent different segments of the market.
I have seen many occasion thaat they often move in the same general direction , may be due to broader market trends, but also exhibit differences in performance and volatility.
Nasdaq: It primarily includes technology and internet-related stocks.
SPX500: Includes 500 of the largest companies listed on stock exchanges in the USA.
Dow30: Consists of only 30 large-cap, blue-chip companies.
I notice, these indices tend to move together during periods of general market trends, such as during bull or bear markets, there can be divergences.
Does traders for indxes track these indices simultaneously to get a comprehensive view of the overall market performance ? or , do they also analyze individual components and sectors to make informed investment decisions.
As I trade all the above indexes, I monitor DJIA Dollah Index as it represent better analysis compares to DXY.
Thanks again for comments and view.
Pat Chiko
Last surviving newbie in FF
I come from the future.
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just remember us bears gave an ass whooping to people yesterday and we're tired and need a rest but next week prolly another drop ...don't know how big of a drop yet until the bulls pick themselves off the floor and start claiming back to 1.2900 in here LOL pick out a guy and fade him there's plenty in here 
ok the impulse, the fear, blah blah.
guess the market is pricing in something more than that 0.1% oil still rising btw, despite strong USD and bad inventories showing for the third time in a row decreasing in demand. this maybe the main reason since as long as...
