4 August, 2018
Thanks for visiting the site.
^DJI Dow Jones Index Charting and Channel
See chart, picture worth a thousand words. Study Dow Jones Industrial Average Index stock chart, we see price action moves within a up slopping channel. The price action are moved in ABCD pattern.
If you are pattern trader, do you see a pattern in additional to the channel. Will show you in the next posting. Have fun!
Manage your risk.
^DJI Dow Jones Industrial Average Index and Support Resistance
See chart, on the month high low; support resistance. Picture worth a thousand words See chart, the price met a strong support, the two quarter low; support.
Moses US Stock Chart 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.