Correction! Correction? Correction | Starting Last Friday | The Whole World Are In Correction | AmiBrokerAcademy.com

February 6, 2018

 

Correction! Correction? Correct.

Is it time for US Stocks Markets correction? Don’t know! Keep a close watch, see the market sentiment for the next few days first. 

It starts from US (East) and continues to move West (Asia), and …

 

Asia

Markets in Asia Pacific were the first to response to last Friday sudden selloff by US markets. Friday Dow Jones deep close to 700 points, or over 2.5%. For example Japan’s Nikkei fell by 2.5%,  about 600 points on the first day (February 5).

Singapore Stock Index – Straits Times Index 

See chart, ^STI.

February 6, 2018 Singapore Straits Times Index and MA Band

 

 

 

Hong Kong Stock Index – Hang Seng Index 

See chart, ^HSI.

February 6, 2018 Hong Kong Hang Seng Index and MA Band

 

Japan Stock Index – Nikkei 225 Index 

See chart, ^N225.

February 6, 2018 Japan Nikkei 225 Index and MA Band

 

 

 

Korea Stock Index – KOSPI Composite Index 

See chart, ^KS11.

February 6, 2018 Korea KOSPI Composite Index and MA Band

 

 

 

 

US Stock Index – NASDAQ Composite Index 

See chart, ^IXIC, NASDAQ Index.

 

February 5, 2018 US NASDAQ Composite Index and MA Band

 

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.