Near 2015 High | ST Index | Moses Stock Analysis

January 9, 2018

 

 

Recently we look at two years year high low for Straits Times Index, since the index is so bullish. We decide to look at three years year high low. See the year high low of 2015. Have fun!

We will check the correlation of STI and local major banks. Look out for next posting. 

Singapore Stock Analysis

^STI The Straits Times Index and Year High Low

STI touch 3524 level and has no sign of pullback. Check out ABCD pattern. May be the bounce is about to exhaust, so get ready.   See the levels, ST Index is near 2015 high, so what!

 

 

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. 

January 9, 2018 Straits Times Index Year High Low From 2015

STI The Straits Times Index and Levels

See chart, STI trys to breakout lower near 3200 level, but fail. STI than bounced up and bounced up again, now STI is approaching 2015 high. See how the market think about the level. Too high for now. Will see.  

 

January 9, 2018 The Straits Times Index and Levels

 

 

 

 

 

 

 

 

 

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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