LiveCharts.AI › Pairs › ES vs SPY › 1-minute
Does Awesome Oscillator Agree on ES and SPY? (1-minute Charts)
Educational reference. Measured from recorded market data through September 4, 2026. Not a forecast.
Awesome Oscillator measures momentum, as the gap between two averages of bar midpoints. This page asks a narrower question than the price comparison: when Awesome Oscillator moves on E-mini S&P 500, does it move the same way on SPDR S&P 500 ETF?
| Bars where Awesome Oscillator moved on both | 16,385 |
|---|---|
| … and moved the same direction | 15,206 (92.8%) |
| Price correlation, same period | +0.920 |
Why this is not the same as the price question
Two markets can move together while their momentum, trend strength or volatility do not. A reading that agrees far less than price suggests is exactly where one market is losing steam while the other keeps going — and a reading that agrees more is tracking something shared that direction alone does not capture.
See LiveCharts.AI forecasting Awesome Oscillator on both — 7-day free trial →