July 17, 2017
We Ask Everyone To Remain Calm!
In our last posting, we ask everyone to remain calm. As one of the best lessons you can learn in trading is to master how to remain calm! Means when your money outflow stay calm. In stocks trading it it not uncommon to see money suddenly just go by half or one third.
Markets are worry the market topping has started, …
But, but now more stocks were in bullish direction, … what is the market confident level. One indicator market commonly watch, VIX. Let’s see.
US Volatility Index, ^VIX
Support turns resistance.
See chart for more, picture worth a thousand words.
VIX is testing the low again, the lows created this year.
July 17, 2017 US Volatility Index and Support Turns Resistance
US Volatility Index, ^VIX and MACD Signals
What can you derive from the MACD signals? I see bearish bias. Is this reflected the market confidence? Will see!
July 17, 2017 US Volatility Index and MACD Bearish Bias Signal
^VIX, US Volatility Indexand MACD Signals
Why three drive? See chart, the index got drive down three times count from the right. Is it simple to see? Have fun!
July 17, 2017 US Volatility Index and Three Drives
Thanks for visit the site here. You could also find free MACD scan here in this site too.
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.