Correlation between International Markets

#1
I am starting this thread in a endeavour to understand the correlation between International markets ,and in particular the effect of previous days market effect
of foreign exchanges (namely NYSE or NASDEQ )on our beloved NSE / BSE .I am not looking at adhoc occurrances which cause a market to fall ,correspondingly causing a ripple effect internationally .This is just to try and understand if there is any technical correlation between the market action in a foreign market and its effect on our market .This could possibly help in intraday trading, if you find a market bias ,correlating to market activity of a foreign exchange. I would encourage anyone who has conducted a similar study or has any information in 'correlation' to this to 'post' out here .
 

colion

Active Member
#2
Intermarket correlations are easily established mathematically and can then be listed and/or charted. This would be a good place to start. You might also be interested in looking Murphy's "Intermarket Technical Analysis" and his papers.
 

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