July 26, 2017
Hong Kong Hang Seng Index Analysis
^HSI Hong Kong Hang Seng Index and 34 MA Band
See chart for more, picture worth a thousand words.
Hang Seng Index is bouncing above MA, the 34 MA band. Although it has cross below the 34 MA band but cross back up again quickly. And it breakout higher than the last high.
Strong bull. Bullish, the the chart show bullish trend.
200 MA slopping up too.
July 25, 2017 Hong Kong Hang Seng Index and 34 MA Band or River
Slopping Up ^HSI Hong Kong Index and Channel
Channel slopping from bottom left to top right. Bullish bias. Picture worth a thousand words. See chart for more.
HSI is now near the upper channel, the resistance is there. The Index may retrace down first before breakout higher. Watch! Wait Another Day.
July 25, 2017 Hong Kong Hang Seng Index and Channel
^HSI and MACD
After we study the HSI using channel, moving average, 34 MA band and now let’s see HSI from MACD indicator point of view.
What can you get from the chart?
MACD has a MACD Cross Up Signal, the trend is bull strong, be aware.
July 25, 2017 Hong Kong Index and MACD
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.