November 8, 2017
Significant Level – ST Index
To determine a level, such as support resistance to be significant, we see the market has memories of the level. How? For example, support becomes resistance, resistance becomes support, or resistance get resisted again and so on. So, is 3400 level a significant one, see chart. No think so. In other words, 3400 will be easily break. Watch it.
November 7, 2017 Straits Times Index and Significant Level
ST Index and Gartley ABCD Pattern
See chart for more, picture worth a thousand words.
November 7, 2017 Straits Times Index and ABCD Pattern
ST Index and Next ABCD Pattern
See chart for more, picture worth a thousand words.
November 7, 2017 Straits Times Index and Next ABCD Pattern
ST Index and Wave Count
See chart for more, picture worth a thousand words.
November 7, 2017 Straits Times Index and Wave Count
November 3, 2017 Stratist Times Index Weekly and Level
Everyone are very excited and obsessed the ST Index breakout higher than 3350 level, and 3400 level.
Market is Weak and No Confident – ST Index
When you are not able to read he chart better, turn to higher timeframe, such as weekly chart. The weekly chart shows that the week was engulfed in the previous week. There wasn’t any new breakthrough for the market. The market is weak and no confident.
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.
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