February 6, 2018
Correction! Correction? Correct.
Is it time for US Stocks Markets correction? Don’t know! Keep a close watch, see the market sentiment for the next few days first.
It starts from US (East) and continues to move West (Asia), and …
Asia
Markets in Asia Pacific were the first to response to last Friday sudden selloff by US markets. Friday Dow Jones deep close to 700 points, or over 2.5%. For example Japan’s Nikkei fell by 2.5%, about 600 points on the first day (February 5).
Singapore Stock Index – Straits Times Index
See chart, ^STI.
February 6, 2018 Singapore Straits Times Index and MA Band
Hong Kong Stock Index – Hang Seng Index
See chart, ^HSI.
February 6, 2018 Hong Kong Hang Seng Index and MA Band
Japan Stock Index – Nikkei 225 Index
See chart, ^N225.
February 6, 2018 Japan Nikkei 225 Index and MA Band
Korea Stock Index – KOSPI Composite Index
See chart, ^KS11.
February 6, 2018 Korea KOSPI Composite Index and MA Band
US Stock Index – NASDAQ Composite Index
See chart, ^IXIC, NASDAQ Index.
February 5, 2018 US NASDAQ Composite Index and MA Band
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.
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