November 7, 2017
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.
November 3, 2017 Stratist Times Index Weekly and Level
Are You Confused of the Market Direction? ST Index
You are likely get confused by the following chart.
November 3, 2017 Straits Times Index and Levels
November 2, 2017 Straits Times Index and Market Emotions
The Straits Times Index and Market Emotions
Market is weak in confident, after the engulf those whom missed rush in. The market closed higher, however the next day the market is really in confuse mode. Some lost confident, some think they do not want to miss again.
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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