August 4, 2017
^STI The Straits Times Index and Support Resistance
See chart for more, picture worth a thousand words.
The following is a monthly chart, monthly chart from 2008. Last month, the index breakout the resistance, see chart for details.
But, the there is another layer of resistance. Only until the level is clear, otherwise the bull may be trapped. Watch out if you rush to buy.
In order for the bull to travel further, a pullback will be more healthy. Let’s see.
August 3, 2017 The Straits Times Index Monthly Chart and Support Resistance
^STI The Straits Times Index Monthly and 34 MA Band
See chart for more, picture worth a thousand words.
The trend is neither bull or bear, it is sideways.
August 3, 2017 The Straits Times Index Monthly Chart and 34 MA Band
^STI The Straits Times Index Monthly and NASDAQ
August 3, 2017 The Straits Times Index Monthly and NASDAQ
^STI The Straits Times Index Daily and Channel
ST Index slopping from bottom left to top right, bullish.
August 3, 2017 The Straits Times Index and Channel
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.
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