February 20, 2018

Chinese New Year is February 16, 2018. Those whom celebrate CNY will know there is 15 days for CNY and each day has a different meaning. 

This is no different from Christmas, Christmas celebrate for 12 days.

Today Fourth Day CNY (Source from What’s Apps Group)

US Stock Analysis

Correlation of ^DJI Dow Jones Industrial Average and ^IXIC NASDAQ Composite Index

See chart for more, DJI has a swing low from October Low, and NASDAQ has a swing low from September, but both has a 78.6% Fibonacci retracement. Awesome.

Manage your risk!

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. 

20180216 Dow Jones Industrial Average and NASDAQ Composite Correlation

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.