December 13, 2019
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^DJI Dow Jones Industrial Average Index Stock Charting
Study Dow Jones Industrial Average Index 道琼工业平均指数 stock chart and price action and Fibonacci.
Look left and think right. Manage your expectation.
See chart, picture worth a thousand words.
Doji after Dow Jones Industrial Average dropped on December 2, Monday, the first trading day of December. Because investors disappointed by manufacturing data and the latest trade news about the trade war with China. Since then, the price action pullback.
Resistance turn support, the price action hold the topping.
There are two barriers to hold the price action for moving south, one is the support resistance, second is the 200 MA. When price action pear through both support. The price action can consider very bearish.
Trade with eyes open.
Moses Stock Observation
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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.