Down 5.58% | 000001.SS Shanghai Stock Exchange Composite Index 上海证交所指数 Stock Charting | Moses Stock Analysis | AmiBrokerAcademy.com

May 6, 2019

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000001.SS Shanghai Stock Exchange Composite Index 上海证交所指数 Stock Charting

Study Shanghai Stock Exchange Composite Index 上海证交所指数 Stock chart and Fibonacci.

See chart, picture worth a thousand words.

Draw Fibonacci, start with swing from high to low and follow a swing low to high. We see the price action after the lower high, and pullback.

Asian markets finished broadly lower today with China market leading the way. As US-China trade tensions escalate.

Shanghai Stock Index down by 171.87 point, 5.58%.

Trade with your eyes open.

May 6, 2019 Shanghai Stock Exchange Composite Index 上海证交所指数 and Fibonacci

Moses Stock Observation

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.