November 18, 2016

US Stock Analysis

Every week there are lesson to be learn. What have you learnt this week.

Topping? | ^IXIC | NASDAQ Composite Daily

ABCD Chart Pattern is a very simple chart pattern, connect the swing high to swing low or vice verse, you will get the first AB swing. Picture worth a thousand words, you should be about to figure out how the ABCD pattern look like.

ABCD Chart Pattern

HM Gartley mentioned the safest trade was to buy the ABCD corrections in a bull market.

November 17, 2016 NASDAQ Composite Daily

^IXIC | NASDAQ Composite Daily

34 EMA Wave is a great visual tool too for deciding up or down trend. Picture worth a thousand words, when price action above the 34 EMA Wave it is uptrend. When price action below the 34 EMA Wave it is downtrend.

November 17, 2016 NASDAQ Composite Daily

Have fun!

Moses US Stock Desk

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