US Stock Analysis | ^BKX | NASDAQ Bank Index Daily Chart | AmiBrokerAcademy.com

7 December, 2018

 

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^BKX NASDAQ Bank Index Daily Chart

Buy Low Sell High

Equal to Buy Support Sell Resistance

As we said, is the market already topping? From NASDAQ Bank Index, we see the price action after 116 level, begin to go lower. Now the price action has tested 94 level. The price action pullback again, will the price action stop at 94 or lower? Will see.

 

We add MACD indicator, see chart. MACD cross up zeroline again.

December 4, 2018 Nasdaq Bank Index and MACD

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.