January 31, 2017
Moses Trading Blog Site – AmiBrokerAcademy.com
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Welcome to Moses’s US Stock Analysis @ AmiBrokerAcademy.com.
Dow Jones Industrial Average and MACD Indicator
Let’s study the chart using the moving average, and MACD Indicator.
We see the price action test, retest the same level. The price action finally breakout after twenty eight (28) days to close higher than 20,000 points. So, the question is when will Dow close above 30,000 points.
We also see the MACD signal cross up signal.
January 30, 2017 Dow Jones Industrial Average Daily
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.