^KS11 Korea KOSPI Composite Index and 78.6% Fibonacci Retracement | AmiBrokerAcademy.com

February 20, 2018

 

Let’s see the Korea Stock Index, after we study Japan stock index, ^N225.

Moses Stock Analysis

 

^KS11 Korea KOSPI Composite Index and 78.6% Fibonacci Retracement

See chart for more, swing low from September Low, the price action retrace pass 78.6%. But, the market abandon the candlestick and bounce back up. It is a week rebounce? Again market join the US stock indexes this week or continue the rebounce? Will see.

This is a difficult time, can be difficult to trade at time. Manage your risk!

 

 

 

Powerful Chart Software – AmiBroker

The following chart is produced using AmiBroker charting software. It is a powerful chart software. You plot the stocks you are interested all in one chart, as long as you still could read them. See chart below. 

February 20, 2018 KOSPI Composite Index and Fibonacci Retracement

 

^KS11 and Butterfly

See chart for more.

Manage your risk.

20180214 KOSPI Composite Index and Butterfly

 

 

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.