December 7, 2016

Taiwan Stock Analysis

Taiwan Index | ^TWII | Taiwan Stock Exchange Weighted Index 

MACD Indicator

Taiwan Index is on an uptrend. However, MACD has showed weakness in strength. So be aware. Next the recent bullpack is so deep that retest the same level or the last low, if you will trace further, you can see that it turns a resistance to become support and support get supported again. Trade what you see and not what you think.

In short, MACD is a lead indicator for trend changing.

December 6, 2016 Taiwan TSEC Index

Moses Free Stock Analysis

AmiBrokerAcademy.com 

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