predicting stock market turning points

Upload: jensweschta

Post on 03-Jun-2018

219 views

Category:

Documents


0 download

TRANSCRIPT

  • 8/12/2019 Predicting Stock Market Turning Points

    1/10

    RXOLJM\JE@ ]\GMKANXKO\ \_XEJE@

    RGJE\]

    \fo agst rocjnhco jeljmntgr tg igromnst n

    romossjge

  • 8/12/2019 Predicting Stock Market Turning Points

    2/10

    ->.22

    2.22

    >.22

    8.22

    =.22

    222

    >?22

    8222

    8?22

    Zjocl Murvo (>2y-=a) ]&R ?22

    Jevortol ZjoclMurvo

    ]tgmk Anrkot & Zjocl Murvo

    ! 8222 n!l 822" t#o yjocl murvo $omnao j!vortol. %#j j !gt mgrrocntjg!t#j j mnuncjty n 'o 'jcc oo cntor

    Jt js mnusncjty

  • 8/12/2019 Predicting Stock Market Turning Points

    3/10

    Zjocl Murvo

    Moetrnc hneks mgesjlor tfo yjocl murvo ns n pgworiuc jeljmntgr wjtfro`nrl tg tfo stnto gi tfo omgegay.

    Ne jevortol yjocl murvo mne tocc ygu n cgt nhgut tfo mgeljtjges je tfomroljt anrkot nel wfnt any fnppoe je tfo hgel/stgmk anrkot neltfo omgegay.

    r r

    t t

    Egranc Zjocl Murvo Jevortol Zjocl Murvo

    r covoc gi jetorost rntos! t tjao

    "fgrt tora rntos nrofj`for tfne cge` torarntos

    #ge` tora rntos nrofj`for tfne sfgrt torarntos

    Egranc vs. Jevortol ZjoclMurvo

  • 8/12/2019 Predicting Stock Market Turning Points

    4/10

    ! j!vortol yjocl murvo j $nl !o' *gr t#o omg!gay

    Ne jevortol yjocl

    murvo js hnl igrhgrrgwors wfgrocy ge sfgrt

    tora $enemje` grfnvo mroljt

    mgetrnmts wjtf nvnrjnhco rnto !l o+omjnccy #j,#cy covorn,ol

    $enemjnc jestjtutjges ,ot j!trgu$co $omnuo t#oy !n!mot#ojr +grt*gcjg #grt tora j!grlor tg anjaj/o t#ojr +rgt

    %usjeossos,ot #urt $omnuot#oy !n!mo t#ojr g+orntjg!uunccy #grt tora (j!vo!tgry'n,o otm.)

    Mgesuaors,ot ncg #urt '#o!t#ojr vnrjn$co rnto j root nt#j,#or rnto (j.o. >A)

    &foe ygu nro covorn`ol ygu fnvo nprghcoa

  • 8/12/2019 Predicting Stock Market Turning Points

    5/10

    $n!k $ncn!mo #oot j! n !granc j!torot o!vjrg!ao!t (!grancyjocl murvo)

    )fo spronl *(( hp. js tfo prg$t igr tfo hnek. "fgrt tora jetorostrntos +*,- nro hocgw cge` tora jetorost rntos +,-

    =gn!< ?

    Nssots

    9o+gjt< 8

    #jnhjcjtjos

    Ag!oyanrkot< 8

    %neks hgrrgwageoy 2,

    %neks coelageoy ,

    >vortfje` js $eo

  • 8/12/2019 Predicting Stock Market Turning Points

    6/10

    $n!k $ncn!mo #oot '#o! t#o yjocl murvo j j!vortol

    )fo spronl js eo`ntjvo ?9(( hp.&jtfgut eow hgrrgwors wfg hgrrgw ageoy nhgvo 0, tfo hnek6s

    prg$t js eo`ntjvo

    =gn!< ?

    Nssots

    9o+gjt< 0

    #jnhjcjtjos

    Ag!oyanrkot< 0

    %neks hgrrgwageoy 0,

    %neks coelageoy ,

    Egw wo fnvo nprghcoa

  • 8/12/2019 Predicting Stock Market Turning Points

    7/10

    %#j j #g' n!l '#y jt #n++o! ( g* )

    ]#grt tora j!torot rnto nro trg!, j!6uo!mol $y t#o nmtjg! g* mo!trnc$n!k.

    Mo!trnc $n!k uunccy rnjo j!torot rnto tg ,#t j!6ntjg!. ]g '#o!mo!trnc $n!k tj,#to! t#o ag!oy u++cy vjn j!torot rnto #jko #grt tora

    !n!mj!, $omgao agro o+o!jvo n!l t#oro*gro u!nttrnmtjvo.

    n rouct mg!uaor n!l $uj!o #nvo tg +o!l agro g* t#ojr j!mgaotg lo$t orvjmo +nyao!t.

    Rgto!tjnc !o' $grrg'or ,ot ljmgurn,ol n!l $n!k $omgao agrorocumtn!t co!l tg mg!uaor $uj!o n!l gt#or $n!k.

    :j,#cy covorn,ol $n!k ,ot 4uoo/ol n!l nro *grmol tg occ not grtoraj!nto cg!, tora mg!trnmt - j* +gj$co.

    Moetrnc %neks nrojapgrtnet

  • 8/12/2019 Predicting Stock Market Turning Points

    8/10

    %#j j #g' n!l '#y jt #n++o! ( g* )

    %grrgwors wfg nro egt nhco tg sorvjmo tfojr loht wjtf tfojrjemgao nro igrmol tg socc tfojr nssots. )fjs fns n eo`ntjvoo:omt ge tfo rospomtjvo nssot anrkot sjemo agro suppcyaones inccje` nssot prjmos

    )fo prgmoss je soci?oeigrmje` homnuso coss spoelje` aonescoss jemgao

    4nccje` nssot prjmos rolumo hgrrgwor6s nhjcjty tg `ot mroljt

    homnuso fjs/fors mgccntornc +nssot- js inccje` je prjmo

    &foe tfo covorn`o +loht- je n spomj$m nssot mcnss +j.o. roncostnto- js nt fj`f covocs n romossjge js ncagst jeovjtnhco

    )fo prgmoss je soci?oeigrmje`

  • 8/12/2019 Predicting Stock Market Turning Points

    9/10

    %#o murro!t jtuntjg!

    Murroetcy jetorost rnto je tfo ;" nel tfo >urg3geo nro nt 13org5

    )fo cnst tjao tfnt tfjs fnppoeol je tfo ;" wns lurje` tfo 7rontBoprossjge j.o. nhgut H( yonrs n`g

    "g lg egt o

  • 8/12/2019 Predicting Stock Market Turning Points

    10/10