Part 2 | Correction! Correction? Correction | Major Index | AmiBrokerAcademy.com

February 6, 2018

 

Correction! Correction? Correct.

We did a charting for NASDAQ Index and major Asia Indexes. We ask, is it US Stocks Markets correction? We admit that we don’t know! We suggest to keep a close watch, check the market sentiment for the next few days first. Now may be for the next few weeks. 

It starts from US (East) and continues to move West (Asia), and …

 

US Stock Index – NASDAQ Composite Index 

See chart, ^IXIC, NASDAQ Index.

 

February 5, 2018 US NASDAQ Composite Index and MA Band

 

 

US Bank Index – KBW NASDAQ Bank Index 

See chart, ^BKX, NASDAQ Bank Index.

February 5, 2018 KBW NASDAQ Bank Index and MA Band

 

 

US Index – ^NYA NYSE Composite Index 

See chart, ^NYA, NYSE Composite Index.

February 5, 2018 NYSE Composite Index and MA Band

 

 

 

US Index – ^GSPC S&P 500 Index 

See chart, ^GSPC, S&P 500 Index.

 

February 5, 2018 S&P 500 Index and MA Band

US Index – ^XAU PHLX Gold and Silver Sector Index 

See chart, ^XAU, PHLX Gold and Silver Index.

February 5, 2018 PHLX Gold and Silver Sector Index and MA Band

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.

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.