March 26, 2017
Moses Stock Trading Blog Site – AmiBrokerAcademy.com
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^NYA NYSE Index Daily Chart Analysis
Market is very much hit the resistance, you could see the it reflect on the following chart. NYA fail to breakout higher, and retest the low again. If you draw two lines. You will see the index is confined within the resistance and support. NYA is in ranging.
March 24, 2017 NYSE Index
Have fun! Happy learning.
Moses US Stock Analysis
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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.