May 4, 2018
In last December, we did a correlation between Hong Kong stock index, Hang Seng Index and US stock index, Dow Jones Industrial Average Index. We did not really see any interesting price action. five months later, we see a clear picture. Picture worth a thousand words, see chart below for more.
Hong Kong Stock Analysis
The major US tech stocks declined has influenced the key tech stocks in Hong Kong and China declined, almost six months ago. And now with US President also starts to call the cards and name. It makes the whole market even more trending. See chart lah (Singlish, Singapore English.)
Correlation of Hong Kong Hang Seng Index, ^HSI and Dow Jones Industrial Average Index
Think Think got More Things, see chart we see a better move, price action. Picture worth a thousand words. See chart for more.
May 4, 2018 Hong Hong Hang Seng Index and Dow Index Correlation
Powerful Chart Software – AmiBroker
The following chart is produced using AmiBroker charting software. It is a powerful chart software. You plot the stocks you are interested all in one chart, as long as you still could read them. See chart below.
December 8, 2017 Hong Kong Hang Seng Index and Dow Jones Industrial Average Index Correlation
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.