I know there are many CL traders here, and Im sure there are quite a few that trade the TF. I think i've seen this asked before, but i wanted to know if anyone uses any type of intermarket analysis, or market internal/breadth indicator for either instrument.
When i trade the ES, the YM is great to look for divergences, but the TF and ES diverge too much sometimes. I noticed that the NQ has greater correlation to the TF than the ES, but that also gets to far away...
As far as CL, i haven't found anything. But if anyone that wants to give their input, i'd really appreciate it.