September 26, 2017
^STI The Straits Times Index and Key Levels
See chart, ST Index is being trapped within the key levels. ST Index test and retest the 3200 levels. Will STI get weaken further so STI will breakout below 3200 level.
September 26, 2017 ST Index and Key Levels
^STI The Straits Times Index and Channel
Picture worth a thousand words, see chart for more.
September 26, 2017 ST Index and Channel
^STI The Straits Times Index and 34 EMA Band
Picture worth a thousand words, see chart for more.
MA is a great visual tool in technical analysis, the index crosses below the 34 EMA Band and get resisted by the MA band. It is very obvious bearish trend.
September 26, 2017 ST Index and 34 EMA Band
^STI The Straits Times Index and MACD Signals
Picture worth a thousand words, see chart for more. MACD is below zero line. MACD cross up signal is about to happen, but all setup can fail, so wait.
September 26, 2017 ST Index and MACD Signals
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.