29 October, 2018
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Let’s Study SSE Composite Index.
Bull or Bear Trend Cycles?
Moses Stock Stories – Thinking Out Loud
000001.SS Shanghai SSE Composite Index 上海证交所指数 Charting From 2018
Study China stock market, look left and make your new trading plan. Study 上海证交所指数 … , we see the stock index begin to drift south from the start of the year, the index goes from near 3800 level to deep below 2500 level. We see the index goes below support level see chart, the support is at 2700 points. The price action close below 2700 level, and retest the 2700 level again.
In stock trading there is no right no wrong. We see the stock price was below moving averages.
Manage Your Risk!
This is a very important stock chart, save this chart for future reference.
Moses
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.