Singapore Stock Market April 28, 2014 MACD Scan Outcome

Singapore Stocks April 28, 2014 MACD Scan Outcome

Moses’s Stocks Corner at amibrokeracademy.com.

Singapore Stock Market April 28, 2014 Market Benchmark Straits Times Index, STI Market Outcome Update

Singapore Stock Market April 28, 2014 stock market benchmark, Straits Times Index, STI closed at 3242.71 points, stock market benchmark down 24.86 points from the last week closed at 3267.57 points. As mentioned in the previous post that the fear had slipped in, the bulls are weakened.

Equal Distance Channel

Definition of ED Channel, Equal Distance Channel is in chart, the trendline connecting the mountains, tops or highs is parallel to the trendline connecting the valleys, bottoms or lows, the price actions are trapped between these two trendlines.

How to trade ED Channel? Buy with trigger when price supported by the bottom trendline and sell with trigger when price resisted by the top trendline.

 Illustration of ED Channel

ED Channel, Equal Distance Channel illustration

Singapore Stock Index, Straits Times Index, STI April 28, 2014 Daily Chart

Singapore Stock Index, Straits Times Index, STI April 28, 2014 Daily Chart

Singapore Stocks April 28, 2014 MACD Scan Results

Singapore stocks April 28, 2014 MACD scan market outcome for MACD bullish or bearish signals. Total 84 stocks have MACD bullish or bearish signal. Total 50 stocks have volume greater than 500k and 10 stocks have bullish MACD signal and 40 stocks have bearish MACD signal. There are more bearish signal stocks than bullish. In other words, the index does mirror the fear from MACD Scan.

The 50 stocks have volume greater than 500k and have MACD Bullish or Bearish Signals

Moses

DISCLAIMER

Information provided here is of the nature of a general comment only and no intend to be specific for trading advice. It has prepared without regard to any particular investment objectives, financial situation or needs. Information should not be considered as an offer or enticement to buy, sell or trade.  

You should seek advice from your broker, or licensed investment advisor, before taking any action.

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.