With global markets and asset classes growing even moreinterconnected, intermarket analysis—the analysis of relatedasset classes or financial markets to determine their strengths andweaknesses—has become an essential part of any trader's duediligence. In Trading with Intermarket Analysis, John J.Murphy, former technical analyst for CNBC, lays out the technicaland intermarket tools needed to understand global markets andillustrates how they help traders profit in volatile climates usingexchange-traded funds.
Armed with a knowledge of how economic forces impact variousmarkets and financial sectors, investors and traders can profit byexploiting opportunities in markets about to rise and avoidingthose poised to fall. Trading with Intermarket Analysisprovides advice on trend following, chart patterns, movingaverages, oscillators, spotting tops and bottoms, usingexchange-traded funds, tracking market sectors, and the new worldof intermarket relationships, all presented in a highly visualway.Gives readers a visually rich introduction to the world ofintermarket analysis, the ultimate tool for beating themarkets Provides practical advice on trend following, chart patterns,moving averages, oscillators, spotting tops and bottoms, usingexchange-traded funds, tracking market sectors, and intermarketrelationships Includes appendices on Japanese candlesticks andpoint-and-figure charting
Comprehensive and easy-to-use, Trading with IntermarketAnalysis presents the most important concepts related to usingexchange-traded funds to beat the markets in a visually accessibleformat.