Trying to trade stock, bond, commodity and currency markets without intermarket awareness is like trying to drive a car without looking out the side and rear windows--very dangerous. In this guide to intermarket analysis, the author uses years of experience in technical analysis plus extensive charts to clearly demonstrate the interrelationshps that exist among the various market sectors and their importance. You'll learn how to use activity in surrounding markets in the same way that most people employ traditional technical indicators for directional clues. Shows the analyst how to focus outward, rather than inward, to provide a more rational understanding of technical forces at work in the marketplace.A bullish technical forecast for bonds is also a bullish technical forecast for stocks . ... Although the charts of recent market history show a remarkable day-to-day correlation between bonds and stocks, turns in the bond market often lead those ofanbsp;...
|Title||:||Intermarket Technical Analysis|
|Author||:||John J. Murphy|
|Publisher||:||John Wiley & Sons - 1991-04-10|