May 9, 2019
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^VIX Volatility Index Stock Charting
Study Volatility Index stock chart and Fibonacci.
See chart, picture worth a thousand words.
Swing high to low, and find the resistance.
Price action push to hit the high above 36 points, and fail to continue to go higher. Price action test the low at 11 points and rebounce again.
Now price action is trying to reach the higher near 50%. Will the VIX continues to go higher? Will see.
Trade with your eyes open.
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.