If you look closely at the peak SPX reached in August 2022, it failed to hit that level on Monday and Wednesday.
Nevertheless, SPY did come a few cents away from reaching its August peaks.
Shouldn't there be a better correlation between SPX and SPY? I'm surprised to see such a big discrepancy between the two.
[link] [comments] https://www.reddit.com/r/stocks/comments/1447s80/shouldnt_there_be_a_better_correlation_between/
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