NQ=F (Nasdaq Futures) and CL=F (Crude Oil Futures) Correlation Analysis

NQ=F (Nasdaq Futures) and CL=F (Crude Oil Futures) Correlation Analysis The correlation regime between NQ=F and CL=F entered a weakening trend on 11 Sep 00:00 ET at -0.54, and is **still ongoing** (2 candles · 8 trading hours). Over this period NQ=F rose 0.88%, CL=F fell 3.84%. **The two pairs decoupled.** The composite correlation has since fallen from -0.54 (04 Sep) to **-0.625 now** (last data: 11 Sep 08.00 ET) the weakening the regime flagged, playing out. **READING — NQ=F–CL=F at** NEGATIVE × Weakening *(this pair's own last 10)*: for this pair it has been **a durable deepening inverse (natural hedge / long-short)** — **10** past runs, median **17 candles · 68 trading hours** (range 4–43), 8 lasted 2+ days. *Methodology: Four-hour candle closes are used while the markets for both instruments are open (00:00, 04:00, 08:00, 12:00, 16:00, 20:00 ET).* *The correlation coefficient is a composite score derived not only from the Pearson method but also from Pearson, Spearman, and EWMA calculations.* *I would like to hear your thoughts on the correlation regime between NQ=F and CL=F. How do you foresee the trend continuing?*