Intermarket Technical Analysis - Trading Strategies Part 3 ppt

... THAT SUMMER. Long-Term Interest Rates versus the Dollar 1988 and 1989 SHORT-TERM RATES VERSUS LONG-TERM RATES Figure 6.5 compares short- and long-term rates from 1985 to 1989. The chart shows that long-term ... 6.5 LONG-TERM VERSUS SHORT-TERM INTEREST RATES FROM 1982 TO 1989. LONG-TERM RATES ARE USUALLY HIGHER THAN SHORT-TERM RATES. WHEN SHORT-TERM RATES ARE DROPPING FASTER THAN L...

Ngày tải lên: 04/07/2014, 03:20

... performing intermarket analysis is not to do economic analysis, but to aid analysts in making trading decisions. The perti- nent question is which of the two commodity indexes fit into the intermarket ... WITH AMERICAN TREA- SURY BONDS AT THE BEGINNING OF 1990. THE WEAKER BRITISH BOND MARKET IS PULLING US. BONDS LOWER. TECHNICAL ANALYSIS OF U.S. BONDS SHOULD INCLUDE TECHNICAL...

Ngày tải lên: 04/07/2014, 03:20

... DIMENSION IN DIVERGENCE ANALYSIS What these charts show is that a technical analysis of the price of crude oil can shed light on prospects for oil-related stocks. At the same time, analysis of oil shares often ... be was in interest-sensitive stocks. INTEREST-SENSITIVE STOCKS On January 31 , 1990, Investor's Daily ranked its 197 industry groups for the prior six months. The six...

Ngày tải lên: 04/07/2014, 03:20

... 0-4 7 1-5 2 43 3- 6 (cloth) 1. Investment analysis. 2. Portfolio management. I. Title. II. Series. HG4529.M86 1991 33 2.6-dc20 9 0-4 8567 Printed in the United States of America 20 19 18 17 16 15 14 13 Contents Preface ... concept of technical analysis is now evolving to take these intermarket relationships into consideration. Intermarket technical analysis refers to th...

Ngày tải lên: 04/07/2014, 03:20

... PERIOD) 196 0-1 988 196 5-1 988 197 0-1 988 197 5-1 988 198 0-1 988 198 5-1 988 Govt. Bonds 442.52 4 23. 21 4 23. 58 31 4.16 288.87 132 .79 Corp. Bonds 580.21 481.04 452.70 33 8. 23 300.58 132 .32 U.S. Stocks 1428.41 766.78 650.69 555.69 289.27 145.62 CRB Index 1175.26 974.70 787.97 33 6.47 1 53. 68 128. 13 12 Commodities ... while corporate bonds took second place (33 8....

Ngày tải lên: 04/07/2014, 03:20

... cause of stock market trends on a day-to-day and minute-by-minute basis, and shows that what is often attributed to program trading is usually a manifestation of intermarket linkages at work. This ... 233 One is that technical analysis of bonds, stocks, and commodities can play a role in economic analysis. Another is that the rotational nature of the three markets, as pictured in Fi...

Ngày tải lên: 04/07/2014, 03:20

... 276 Three-steps-and-a-stumble rule, 5 2-5 3, 135 Trading range, 276 Treasury bills, 3 6 -3 8, 52, 7 5-7 9, 8 3- 8 6 Treasury bonds, 10, 13, 21, 2 2 -3 0, 32 , 35 , 36 , 37 , 44, 261 Trend, 276 Trendlines, 6, 8, 14, 32 , 169, 207, 208, 276 Triangles, ... savings and loans, 16 8-1 69 vs. stocks, 5, 21 1-2 16, 217 and Treasury bills, 35 , 3 6 -3 8 and Treasury bonds, 10,...

Ngày tải lên: 04/07/2014, 03:20

... THAT SUMMER. Long-Term Interest Rates versus the Dollar 1988 and 1989 SHORT-TERM RATES VERSUS LONG-TERM RATES Figure 6.5 compares short- and long-term rates from 1985 to 1989. The chart shows that long-term ... 6.5 LONG-TERM VERSUS SHORT-TERM INTEREST RATES FROM 1982 TO 1989. LONG-TERM RATES ARE USUALLY HIGHER THAN SHORT-TERM RATES. WHEN SHORT-TERM RATES ARE DROPPING FASTER THAN L...

Ngày tải lên: 20/06/2014, 20:20

... performing intermarket analysis is not to do economic analysis, but to aid analysts in making trading decisions. The perti- nent question is which of the two commodity indexes fit into the intermarket ... dollar re- acts more to changes in short-term interest rates than to long-term rates. It explains why T-bill and the dollar often trend in opposite directions. During periods of mon...

Ngày tải lên: 20/06/2014, 20:20

... incorporate this information into their overall trading plans. RATIO ANALYSIS Ratio analysis is generally employed in relative-strength analysis. (Relative-strength analysis in this context refers to the ... advantages to the use of relative-strength analysis as a tech- nical trading tool. First, another confirming technical indicator is created on the price chart. If technica...

Ngày tải lên: 20/06/2014, 20:20