July 25, 2017
The Market
To study the market, index is one of the key information to check. We shall check all the major index, such as S&P 500 Index, NYSE Composite, Dow Jones Industrial Average, and NASDAQ.
Global GDP
Bullish Trend ^NYA NYSE Composite Index and 34 MA Band
See chart for more, picture worth a thousand words.
NYSE Composite Index is bouncing above the MA, the 34 MA band. Both 34 MA and 200 MA are slopping up; bullish.
Bullish Trend
July 24, 2017 NYSE Composite Index and 34 MA Band
Slopping Up ^NYA NYSE Composite Index and Channel
Channel slopping from bottom left to top right. Picture worth a thousand words. See chart for more.
July 24, 2017 NYSE Composite Index and Channel
^NYA NYSE Composite Index and MACD
After we study the chart using moving average, 34 MA band, channel and now let’s see MACD indicator.
What can you get from the chart?
See support resistance for trend.
July 24, 2017 NYSE Composite Index and MACD Signals
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.