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

... 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

... 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

... 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