October 23, 2018

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Moses Stock Stories

^STI  Singapore Stock Index and ^HSI Hong Kong Stock Index Correlation Charting

Study correlation of Singapore Stock index – ST Index and Hong Kong Stock Index – Hang Seng Index, see price action picture worth a thousand words.  See the marking on both chart, at year 2007, 2016 and 2018. Singapore Stock Index rally, and Hang Seng Index also rally  at year 2007, again at year 2016, ST Index not decline also not rally, but HS Index rally. In 2018, both index all decline.  

For this October, is both country index have the same “October Effect”, the price action has declined.

Trade with your eyes open. 

Manage Your Risk! 

October 23, 2018 Singapore Stock Index and Hong Kong Stock Index Correlation

If you can see the whole chart, “press Ctrl and -” to zoom out to see the entire chart. 

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.