Quote from Anna K.:
LC, is there any significance to the fact that EUR/USD is making new highs, but ES so has hasn't been able to. Plus NQ is underperforming.
tx
Didn't NQ go below previous week's close on Monday? (I know because I got blasted by the move)Quote from Lawrence Chan:
ES is more a currency proxy now comparing to NQ.
That's why it is holding up above previous week high so far.
There is a strong magnet at 52 (PP) that is likely to tag today though as NQ need to retest previous week close now.
Quote from H30:
Can someone tell me why 1200 isn't a done deal in the es since those in charge continue to weaken the dollar