Below Resistance | ^MXX | IPC MEXICO Index Charting | Moses Charting | AmiBrokerAcademy.com

January 30, 2020

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^MXX IPC MEXICO Index Charting

Study IPC MEXICO Index stock chart price action and year high low.

See chart, picture worth a thousand words.

Manage your expectation.

Look back past three year high low. You see the price action has resisted by last year low, support.

Price Action is now below a strong level.

Remember to trade what you see and not what you think.

January 24, 2020 IPC MEXICO Index and Year High Low

Moses Stock Observation

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.