June 10, 2017
NASDAQ is a market benchmark! Everyone has being waiting for the Hindenburg Omen crash to kick in. Through the last day of trading, everything seem to fall in place correctly. Wait One More Day Lah (Singlish)!
Watch out, how many may survival?
Hope you will enjoy the ride so far on the higher high.
But, be sensible never try to buy high and sell higher high; risky.
Again we don’t like to pick the tops or bottoms! Remember no right no wrong.
Waw! Hindenburg Omen Comes True??! NASDAQ Index – No One Will Like That to Happen
Picture worth a thousand words.
See the resistance turns support, can the support hold the fall? In the last trading day, the price action may hit a strong resistance, last month high. Chart shows a pullback from breaking higher. On June 9 the market seems to feel the price is too high now. Is Hindenburg Omen comes true? True or true?
The price has breakout below last month resistance, waw!
We just ahead everyone worry, the trend ending! Bearish market starting! May be we just worry too much. Now it is all depending on market emotions.
June 9, 2017 NASDAQ Index Candle and Line Chart
NASDAQ Index and MACD Indicator
What have you got?
June 9, 2017 NASDAQ Index and MACD Indicator
NASDAQ Index and MACD Indicator
Picture worth a thousand words, divergence! Trend ending? Starting the bearish market?
June 9, 2017 NASDAQ Index and MACD and Divergence
We did more than just technical analysis!
Caution! This site is not for you. It is not for every trader.
The analysis here is intended to be a tutorial only. We look at the chart from different views. We mainly study the popular stocks in US market and Singapore. Hope you can learn something. There is no right no wrong.
Moses Stock 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.