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AmiBrokerAcademy.com website using AmiBroker Powerful Chart Software for the analysis.
New York Stock Exchange Composite ^NYA and River
Price action is below River and resisted by River. Price action is continue to form lower high. Potentially it is an inverted Head and Shoulders, the pattern is true till it is proven wrong; fail.
July 22, 2015 ^NYA New York Stock Exchange Composite
^NYA and Moving Average
Chart worth a thousand words.
July 22, 2015 New York Stock Exchange Composite
You can use a few tool or method to analyse the chart. Your trade should be supported by as many reason to buy or sell.
Thanks for visiting the website.
Moses
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