13 November, 2018
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SPY SPDR S&P 500 ETF Daily Charting
Buy Support Sell Resistance
Buy Low Sell High
Study chart of SPDR S&P 500 ETF stock chart.
See chart with the Fibonacci Retracement, We see a big move down followed by rallies that stopped at major Fibonacci retracement level, 61.8%. We could also spot the H M Gartley 222 pattern. If you can not find the pattern, see the next chart.
Remember to trade with eyes open.
Think think got more things.
Manage your risk.
November 13, 2018 SPDR S&P 500 ETF and Fibonacci Retracement
if you can see the full chart, “press Ctrl and -” to zoom out and see the entire chart.
Add MACD indicator, see chart. Picture worth a thousand words.
November 13, 2018 SPDR S&P 500 ETF and MACD
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.