November 25, 2017
November 17, 2017 Straits Times Index and Market Decision
As said in the last posting 2017 is a good year, why? Simple, see chart. While struggling to break higher, suddenly three big bearish bars. Wow, take profit first. For those whom missed the boat quickly rush in. That is how the bull bar comes about. We will see the chart on the next few days. The bulls will slow down when the cash is “finished”. …
How ST Index React Last Year
As long as ST Index does not breakout below 3425 level. the trend is still bullish. There is a possibility that the trend can go higher. As a pattern trader, you may want learn from 2016. Check how trend or pattern like in December last year.
November 24, 2017 Straits Times Index and Levels
Stand Back Study Chart With MACD Indicator – ST Index
See chart for more, it is always good to check the second or third opinions. Study the chart using indicator such as MACD. May give you a great perspective. See chart.
November 24, 2017 Straits Times Index and MACD Signals
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.