Daytrading off of ES,YM,NQ (SPY,DIA,QQQQ)(SPX,DJI,NDX) Divergences: *does anyone do this? *what do you look to exploit? *what time frames? *there are 'hidden gems' in these intraday divergences to daytrade any of these... *what have you found and researched?...this is HUGE...please share your insight....
Try searching google books for "stat arb" Try "beta adjusting" a NQ contract in order to value it as a ES contract.