NYSE Composite Index and ABCD Chart Pattern

April 10, 2017

Moses Stock Trading Blog Site – AmiBrokerAcademy.com

Thank you for visiting the amibrokeracademy.com blog site. No one doing analysis like what you read here.

Welcome to Moses’s US Stock Analysis @ AmiBrokerAcademy.com. 

Remember, trading is not a get rich fast business like many have advertised. It needs a lot of hard work and good money to manage risk.

 

Are You Wise Enough?

It is always wise to ask whether this is the top of the stock market before you jump. Image you are a professional trader. Professional traders like to buy on pullback so they can buy low sell high. Professional traders do not like to buy high and sell higher. 

 

Be on your toe, when the market take a deep dip. Okay!

Have fun learning! Stay childlike. 

Nothing is 100%!

^NYA Daily Chart and ABCD Chart Pattern

Looking out for ABCD chart pattern. See the think blue line.

April 7, 2017 NYSE Composite Index

 

 

 

 

 

 

 

 

 

 

 

 

 

 

The last analysis, see below.

March 31, 2017 NYSE Composite Index and AB CD Chart Pattern

Happy learning.  

Moses US Stock 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.