Support Resistance | MACD | Fibonacci Extension | MA Wave | Shanghai Stock Exchange Composite Index | AmiBrokerAcademy.com

April 24  2018 

 

China stock market influenced by the recent US policy. Will see.

Study the Shanghai Stock Index for more.

Shanghai Stock Chart Analysis

000001.SS Shanghai Stock Exchange Composite Index  and Month Support Resistance

Manage your risk! Study Shanghai Stock Exchange Composite Index month support resistance. See chart, picture worth a thousand words. The stock price is approaching last May low. Manage your risk.

April 20, 2018 Shanghai Stock Exchange Composite Index and Month Support Resistance

 

Shanghai Stock Exchange Composite Index  and MA Wave

Study Shanghai Stock Exchange Composite Index using MA Wave. Using MA high, low and close to form a river or wave. See chart, picture worth a thousand words. The stock price crosses below MA wave, the price action resisted by MA wave. MA Wave is slopping down. Bearish. Manage your risk.

April 20, 2018 Shanghai Stock Exchange Composite Index and MA Wave and Direction

 

 

Shanghai Stock Exchange Composite Index  and Fibonacci

Study Shanghai Stock Exchange Composite Index using Fibonacci. Swing low to high, draw a Fibonacci Extension, after the price action touch the 150%, the stock price breakout below the resistance and stay below resistance, see the orange horizontal line. Manage your risk.

April 20, 2018 Shanghai Stock Exchange Composite Index and Fibo Extension Low to High

Shanghai Stock Exchange Composite Index  and MACD

Study Shanghai Stock Exchange Composite Index using MACD. Picture worth a thousand words, see chart for more. Manage your risk.

April 20, 2018 Shanghai Stock Exchange Composite Index and MACD

Powerful Chart Software – AmiBroker

The following chart is produced using AmiBroker charting software. It is a powerful chart software. Anything, finance ticket you could download from Yahoo! Finance you could plot them, those you are interested all in a chart, so you could analyse them.

 

Moses China 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.