17 September, 2018
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^DJI Dow Jones Index Charting
Buy Support Sell Resistance or Buy Low Sell High
Study chart of Dow Jones Index price action. After almost eight months, the price action is now near the last peak. See chart, picture worth a thousand words. We begin to see narrow channel, bull channel. Price action return to above moving averages.
Price action has rebounced above 26000 level. Can the price action sustain the and breakout even higher? Will see.
Remind you again, buy support and sell resistance. Trade with eyes open.
Manage your risk.
f 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.