January 7, 2018
Exactly one month ago, we posted a correlation of Hong Kong Stock Index and DJI and few other major stocks. Now we do it again. And times, we add a two years correlation chart for reference for 2018 trade plan.
Remember to look left than think right. Have fun!
Hong Kong Stock Analysis
Correlation of Major Hong Kong Tech Stocks and Hang Seng Index and Dow Jones Industrial Average Index for Last Two Years
See chart the correlation of major Hong Kong tech stocks and Hang Seng Index and Dow Jones Industrial Average Index. Three stocks out of four were bullish.
Powerful Chart Software – AmiBroker
The following chart is produced using AmiBroker charting software. It is a powerful chart software. You plot the stocks you are interested all in one chart, as long as you still could read them. See chart below.
You see we have Hang Seng Index, Dow, Tencent Holdings, AAC Technologies Holdings, Sunny Optical Technology, and Lenovo all in one chart.
January 5, 2018 Major Hong Kong Stocks and Hang Seng Index and Dow Jones Industrial Average Correlation
Zoom In –
Correlation of Major Hong Kong Tech Stocks and Hang Seng Index and Dow Jones Industrial Average Index for Last Two Years
See chart for more, picture worth a thousand words.
January 5, 2018 Major Hong Stocks and Hang Seng Index and Dow Jones Index Correation
Moses
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.