ARTICLE SYNOPSIS ...Technical analysis of the Dow 20 Bond Index by Howard Waxenberg Over the years, the correlation between moves in the bond market and moves in the stock market has been tremendous. In the last several years, we have repeatedly seen the condition where bonds rally and then four to six weeks later stocks start a bull move. There is a repeating pattern at tops as well where bonds top out and, on average, two weeks later equities begin to falter. So, it makes sense then, that predicting moves in the bond market through technical analysis has two effects. First, of course, is predicting the future ...
ARTICLE SYNOPSIS ...Technical analysis of NYSI/DJI by Howard Waxenberg There is a great amount of technical analysis that is done intraday by number crunching computers that are connected to online databases. For the majority of investors and money managers that do not have access to computers and streams of up-to-the-second data there still remain a great many technical tools that require only some time after the markets have closed, a calculator, and some graph paper. These technical tools, when properly constructed and applied, can produce results equal to, if not better than the workings of a personal compu...