5 September 2020
Welcome to AmiBroker Academy, Moses Stock Charting. Thanks for visiting the site.
We use powerful AmiBroker charting software tool for our chart and stock scan.
We see deep, a big deep in many of the US indexes. Why? See the chart below.
Read our previous posting on NASDAQ Index, see the deep.
^GSPC Standard and Poor 500 Index Stock Charting
Study Standard and Poor 500 Index Stock Charting and Price Action.
We use indicator, but we read chart on their price action. Don’t miss taken.
Picture worth a thousand words. See chart.
Trade with eyes open. Mange your risk.
Price Action
Price Action moves in zigzag manner.
Support Resistance or Trendline
Buy Support Sell Resistance.
Bollinger Bands and Moving Averages
Can you see the BB envelop is slopping up, price action cross above the last high made in this year. See chart, back in February this year.
Some like Bollinger Bands better than Moving Averages, because the visual effect are different compare with moving averages.
See the deep, September 3. A big one, a big deep.
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.