J. J. Murphy
TECHNICAL ANALYSIS ~~E FINANCIAL MARKETS
A COMPREHENSIVE GUIDE TO TRADING METHODS AND APPLICATIONS
1ECHNICAL ANALYSIS ~~ FINANCIAL MARKETS
A COMPREHENSIVE GUIDE TO TRADING METHODS AND APPLICATIONS
JOHN
J.
MURPHY
NEW YORK INSTITUTE OF FINANCE
Library of Congress Cataloging in Publication Data Murphy, John J., [date] Technical analysis of the financial markets I John J. Murphy. p. em. Rev. ed. of: Technical analysis of the futures markets. c1986. Includes bibliographical references and index. ISBN 0-7352-0066-1 1. Futures market. 2. Commodity exchanges. I. Murphy, John J. Technical analysis of the futures markets. II. Title. HG6046.M87 1999 332.64 '~c21 98-38531 CIP
© 1999 by John J. Murphy
All rights reserved. No parts of this book may be reproduced in any form or by any means, without permission in writing from the publisher.
Portions of this book were previously published as Technical Analysis of the Futures Markets (New York Institute of Finance, 1985). Printed in the United States of America 10 9 8 7 6 This publication is designed to provide accurate and authoritative information in regard to the subject matter covered. It is sold with the understanding that the publisher is not engaged in rendering legal, accounting, or other professional service. If legal advice or other expert assistance is required, the services of a competent professional person should be sought. -From the Declaration of Principles ;ointly adopted by a Committee of the American Bar Association and a Committee of Publishers and Associations.
ATTENT10N:CORPORKnONSANDSCHOOLS
NYIF books are available at quantity discounts with bulk purchase for educational, business, or sales promotional use. For information, please write to Prentice Hall Special Sales, 240 Frisch Court, Paramus, NJ 07652. Please supply: title of book, ISBN nwnber, quantity, how the book will be used, date needed.
ISBN 0-7352-0066-1
NEW YORK INSTITUTE OF FINANCE Paramus, NJ 07652
NYIF and
A COMPREHENSIVE GUIDE TO TRADING METHODS AND APPLICATIONS
1ECHNICAL ANALYSIS ~~ FINANCIAL MARKETS
A COMPREHENSIVE GUIDE TO TRADING METHODS AND APPLICATIONS
JOHN
J.
MURPHY
NEW YORK INSTITUTE OF FINANCE
Library of Congress Cataloging in Publication Data Murphy, John J., [date] Technical analysis of the financial markets I John J. Murphy. p. em. Rev. ed. of: Technical analysis of the futures markets. c1986. Includes bibliographical references and index. ISBN 0-7352-0066-1 1. Futures market. 2. Commodity exchanges. I. Murphy, John J. Technical analysis of the futures markets. II. Title. HG6046.M87 1999 332.64 '~c21 98-38531 CIP
© 1999 by John J. Murphy
All rights reserved. No parts of this book may be reproduced in any form or by any means, without permission in writing from the publisher.
Portions of this book were previously published as Technical Analysis of the Futures Markets (New York Institute of Finance, 1985). Printed in the United States of America 10 9 8 7 6 This publication is designed to provide accurate and authoritative information in regard to the subject matter covered. It is sold with the understanding that the publisher is not engaged in rendering legal, accounting, or other professional service. If legal advice or other expert assistance is required, the services of a competent professional person should be sought. -From the Declaration of Principles ;ointly adopted by a Committee of the American Bar Association and a Committee of Publishers and Associations.
ATTENT10N:CORPORKnONSANDSCHOOLS
NYIF books are available at quantity discounts with bulk purchase for educational, business, or sales promotional use. For information, please write to Prentice Hall Special Sales, 240 Frisch Court, Paramus, NJ 07652. Please supply: title of book, ISBN nwnber, quantity, how the book will be used, date needed.
ISBN 0-7352-0066-1
NEW YORK INSTITUTE OF FINANCE Paramus, NJ 07652
NYIF and
Bibliography: Futures Magazine, 250 S. Wacker Drive, #1150, Chicago, IL 60606 (312) 977-0999 Technical Analysis of Stocks & Commodities, 4757 California Avenue S.W., Seattle, WA 98116 (800) 832-4642 527 TECHNICAL SOFTWARE Metastock, Equis International, 3950 S MARKET DATA Dial Data, Track Data Corp., 56 Pine Street, New York, NY 10005 (800) 275-5544 Telescan, 5959 Corporate Drive, Suite 2000, Houston, TX 77036 (800) 324-8246