7 December, 2018
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^BFX BEL 20 Index Daily Chart
Buy Low Sell High
Equal to Buy Support Sell Resistance
Is the market already topping? See the price action keeps missing making high, and continue to go lower. Trade with your eyes open.
See chart, the price action after 4000 level, the price action just can not go higher. The price action tested 3350 level. Now the price action is testing 3350 level again, will see.
We add MACD indicator, see chart. MACD cross up zeroline fail.
if you can see the full chart, “press Ctrl and -” to zoom out and see the entire chart.
Moses US Stock Chart 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. 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.