23 January 2019
Welcome to AmiBrokerAcademy.com. We provide US stock analysis for academy learning.
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^XOI NYSE ARCA Oil and Gas Index and ^DJI Dow Jones Industrial Average Index Correlation
Study the correlation of both US stock Index.
Study chart of ^XOI and ^DJI Index.
NYSE ARCA Oil and Gas Index goes from high to low and low to high. From high near 1,500 level to low at 900 level. And goes from low at 900 level to 1,600 level.
Dow Jones Industrial Average Index also goes from low to high, from below 22,000 level to 26,500 level. The price action test 26,500 level again.
Compare both ^XOI and ^DJI, see chart for more.
Trade with eyes open.
Moses Stock Analysis
AmiBrokerAcademy.com
Disclaimer
The above result is for illustration purpose. It is not meant to be used for buy or sell decision. We do not recommend any particular stocks. If particular stocks of such are mentioned, they are meant as demonstration of Amibroker as a powerful charting software and MACD. Amibroker can program to scan the stocks for buy and sell signals.
These are script generated signals. Not all scan results are shown here. The MACD signal should use with price action. Users must understand what MACD and price action are all about before using them. If necessary you should attend a course to learn more on Technical Analysis (TA) and Moving Average Convergence Divergence, MACD.
Once again, the website does not guarantee any results or investment return based on the information and instruction you have read here. It should be used as learning aids only and if you decide to trade real money, all trading decision should be your own.