22 June 2018
European markets close higher ahead of Trump-Kim summit; Italian banks rise,
reported by CNBC News read story on https://www.cnbc.com/2018/06/11/european-markets-trump-kim-summit-in-focus.html
Is the above phenomena true across the world? Let study stock market index such as Korea Stock Index, ^KS11, US Stock Index, like ^DJI and China Stock Index, ie 000001.SS.
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Moses Stock Market Analysis
^KS11 Korea Stock Index
Now ten days after, let study the Korea Stock Index, ^KS11. After the peak tested 2600 level, the stock index begin to become weaker. And let’s see the much talk about the Kim-Trump or Trump-Kim Summit in Singapore. Has the stock market got much encouragement or not? Picture worth a thousand words, see chart. The Korea stock market base on the ^KS 11 has been drifting more south. It’s lucky the low has not breakout very far from the previous low. To me, the market do not care. Although Europe market like Italy will aroused, see the story from the above CNBC link.
From MACD, the stock index might be in the process of reversal, but the summit has make the reversal change plan.
Trade with eyes open. Manage your risk.
We sill study, the Dow Jones Index and China Stock Index on the same tone; Trump-Kim Summit influence. Have fun learning.
June 21, 2018 Korea Stock Index ^KS11 and MACD
Moses Stock Chart Analysis
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.