Jimmy "Handsome James" Falvo (aka @jsfalvo on twitter) looks at relative weakness between S&P E-mini Futures (ES) vs. Nasdaq E-mini Futures (NQ) since February 2009. "Trade playback" of a ES short Jeffrey (@JeffreyLin) & Handsome James (@jsfalvo) did today (7.22.09) live on twitter and how relative strength/weakness between ES and NQ were used to make this a profitable trade. Also, what's the ideal hedging ratio between ES and NQ? **Announcement** Starting 7.22.09 David Elliott's Nightly ThinkOrSwim Sessions will be recorded and archived on FINZ.tv (http://finz.tv/channel/davidelliott) **Disclaimer: No positions in futures or cash products mentioned as of this video (7.22.09)** **Futures Charts courtesy of ThinkOrSwim.com**