July 8, 2017
Big Picture!
After look at some of the market in the last six months, let see a much bigger picture.
^SSEC China Shanghai Stock Exchange Composite
The market was very bullish, in 2015 the market reach its peak. But on the following year, the market hit its floor as well. So, trade with your eyes open. You can hope the market may bounce back up again. Sure, the market is like Titanic. When it hits the iceberg, it needs time to swing away. However, by then the time taken is just too ling. For you you are not like institution, you should be able to move much faster, cut lost.
Now the index is trapped within 3300 level and 3200 level.
July 7, 2017 China Shanghai Stock Exchange Composite Major Levels (Support Resistance)
China SSEC and US NASDAQ Composite Benchmark
Picture worth a thousand words.
Can you see any corelationship? Not for me, I do not know about you.
July 7, 2017 China Shanghai SE Composite benchmark with US NASDAQ Composite Index
Moses 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 Indicator. Amibroker can program to scan the stocks for buy and sell signals.
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.
Please note: Information on this web site is no substitute for consulting your broker, or licensed investment professional. All information contained on the web site, including information relating to buy or sell is for illustration purposes only. Please consult your professional.