July 19, 2014
Welcome to Moses’ Stock Analysis and Review Column
Benchmarked Dow Jones Industrial Average and Standard and Poor 500
Market is either move up or down beside sideway. Stock indexes are windows into the countries economy. Is this true? In order to benchmark the economy, stock indexes such as DJI, GSPC and other indexes are used by economist as an indicator to benchmark the status of the country wealth.
Chart worth a thousand words. Can the market continue to inch up? Will See.
Compare the two indexes DJI and GSPC
Indexes are showing uptrend. Keep forming the higher low (HL). Both indexes carried the same low.
Benchmark United States economy, compared DJI and GSPC Dialy Chart.
Compare the three indexes DJI, GSPC and STI
Compare Singapore economy with United States. Straits Times Index, STI has tested the resistance twice. The more time the same resistance or support are being tested, the more significant the level is.
Compare DJI, S&P500 and STI Daily on the same Chart
Thanks for visiting the site, AmiBrokerAcademy.com.
Moses
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