After the Strong Support | ^DJI Dow Jones Index Charting and Channel | AmibrokerAcademy.com

4 August, 2018

 

 

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^DJI Dow Jones Index Charting and Channel

See chart, picture worth a thousand words. Study Dow Jones Industrial Average Index stock chart, we see price action moves within a up slopping channel.  The price action are moved in ABCD pattern. 

If you are pattern trader, do you see a pattern in additional to the channel. Will show you in the next posting. Have fun!

Manage your risk.

 

August 3, 2018 Dow Jones Industrial Average Index and Channel

 

 

^DJI Dow Jones Industrial Average Index and Support Resistance

See chart, on the month high low; support resistance. Picture worth a thousand words See chart, the price met a strong support, the two quarter low; support.

August 3, 2018 Dow Jones Industrial Average Index and 1234 Buy Pattern

Moses US Stock Chart Analysis

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.