December 4, 2018
Think think got more things.
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Monday, December 3 was a great day for many of the fund managers and investors. As nearly all the stock indexes were up. Was the results of Trump and China President Xi Jinping agree to get down to negotiate trade again. At G-20 meeting gathering, both of them agree in the 90-day for trade agreement. This will ease the 25% tariffs on $200 billion to impose on China from next January.
December 3, 2018, Monday, the major indexes of the following were up; Dow Jones Industrial Average ^DJI, +1.13% rose 288 points, S&P 500 ^GSPC, +1.09% and NASDAQ Composite Index ^IXIC, +1.51%. You can google to read more about the Monday stock news.
Let see NASDAQ Composite Index chart for more.
^IXIC NASDAQ Composite Index Daily Charting
Trade with your eyes open. Add MACD indicator, see chart. We could also identify H M Gartley 222 patterns. See chart, the after test near 8,200 points and start to pullback. Now the price action is approaching 7,600 points.
Remember to buy low sell high, or buy support sell resistance.
December 3, 2018 NASDAQ Composite Index and MACD
if you can see the full chart, “press Ctrl and -” to zoom out and see the entire chart.
Moses US 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.