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Moses Blog | Dow Jones Industrial Average 2016 Analysis

February 10, 2017

Moses Stock Trading Blog Site – AmiBrokerAcademy.com

Thank you for visiting the amibrokeracademy.com blog site. No one like us doing analysis like what you read here. Let your friends know if you enjoy what you read here.

Welcome to Moses’s US Stock Analysis @ AmiBrokerAcademy.com. 

What can you read from the stock chart? You can read Open, Close, High and Low of the trading day, this is on a the daily chart. If  you move to weekly chart, you see the weekly chart open, close, high, low and of course if you move to monthly chart you will see the open, close, high and low of the month.

The reason of using charting software is to try to use the visual effect on sensing the trend the market emotions.  See below chart for more. Picture worth a thousand words.

Dow Jones Industrial Average 2016 Performance


We study Dow from Fibonacci, MACD, Support and Resistance. lets zoom out and see the chart from a candlestick style, open, close, high, and low.

Just like a day, it is made up of eight or ten candlestick, depending on the exchange operation hours.

We can easily identify a very strong support or resistance of 2016. Of course this is now history. But remember we look left and plan right.

February 10, 2017 Dow Jones Industrial Average and the twelve months high low




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.