What IF We Are Wrong | Straits Times Index | Moses Stock Analysis

September 7, 2016

 

 

What If We Were Wrong?!

Up or Dow?

What is your guess? ^Is STI going up or down? Up, as MACD is above zeroline. But, what if we were wrong.

STI has ended the last trend, bearish trend. What if we were wrong! MACD signal has provided a clue the trend is ending. The price action did response to the indicator; price action crossed up MA and formed a higher high than the last high.  Start of the reversal trend.

But, the trend stalled, ^STI faail to go higher.

 

Straits Times Index ^STI Charting

 

September 7, 2016 Straits Times Index ^STI and MACD Chart

September 7, 2016 Straits Times Index ^STI and MACD Chart

 

 

 

 

 

 

 

 

 

 

 

 

 

Moses Stock Analysis

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