9 March, 2020
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^DJI Dow Jones Industrial Average Index Charting
The following chart was done last night, but did not post till now.
Study Dow Jones Industrial Average Index stock chart price and MACD.
See chart, picture worth a thousand words.
Manage your expectation.
Remember to trade what you see and not what you think.
We look back to see the price action near the peak. Before the market panic and begin to sell off.
From the price action, with H M Gartley pattern. We expect the price action to complete it CD leg in the coming week. These are all done in the technical analysis charting.
Remember all setup can fail. So, manage your risk.
Moses Stock Observation
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.