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Does Murrey Math or ABC Pattern recognition work for trading?

(Last Updated On: April 20, 2015)

Does Murrey Math or ABC Pattern recognition work for trading?

I tested these against20 different assets including indices and commodities. Let me know what you think as the results appear mixed. Download the images of both indicator charts charts for Murrey Math and ABC

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Here are the market assets:

‘BNO’ United States Brent Oil ETF
‘MIDD.L’ iShares FTSE 250
‘MIDD.SW’ iShares Public Limited Company – iShares FTSE 250 UCITS ETF
‘GOVT’ iShares Core US Treasury Bond
‘CORN’ Teucrium Corn ETF
‘UNG’ United States Natural Gas ETF (UNG)
‘EWS’ iShares MSCI Singapore
‘SOYB’ Teucrium Soybean ETF (
‘WEAT’ Teucrium Wheat ETF
‘PALL’ ETFS Physical Palladium
‘SLV’ iShares Silver Trust
‘GLD’ SPDR Gold Shares
‘EWQ’ iShares MSCI France
‘SPY’ SPDR S&P 500 ETF
‘OIL’ iPath S&P GSCI Crude Oil TR ETN
‘EWG’ iShares MSCI Germany
‘NKY’ MAXIS Nikkei 225 ETF
‘SGG’ iPath DJ-UBS Sugar SubTR ETN
‘IWM’ iShares Russell 2000
‘IEF’ iShares 7-10 Year Treasury Bond

 

 

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!

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