Lee, Chun I.; Gleason, Kimberly C.; Mathur, Ike - In: Journal of Futures Markets 19 (1999) 5, pp. 541-564
This article provides a comprehensive examination of the existence, or the lack thereof, of the compass rose pattern in futures markets. The results from 118 futures contracts traded on 31 futures exchanges in 15 countries show that the compass rose pattern exists only in some futures contracts,...