Explain to me the YM / $INDU gap AH?

Discussion in 'Trading' started by Relleum, Jan 15, 2008.

  1. Relleum

    Relleum

    Can someone tell me why in TWS the $INDU shows 12367.40, and YM March futures are currently hovering around 12480?

    I've only had limited experience trading index futures, but I've observed that the YM is about 40 points higher in relation to the djia. Right now there is a 110+ difference.... what gives?

    --Relleum
     
  2. rcj

    rcj

    AH cash trading drove the D30 dwn another 100 pts. Ym is going to "dance" with cash dow. Current premium just expresses exuberance/expectation for a bounce in D30 - at the moment.
    Not uncommon. Spread could narrow alot during the evening....
    or....who knows !!

    rj