Look the Same | Bank of America Corporation and NASDAQ Bank Index Correlation Stock Charting | Moses Stock Analysis | amibrokeracademy.com

5 March, 2019

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Bank of America Corporation and NASDAQ Bank Index Correlation Stock Charting

Study Bank of American Corporation BAC and NASDAQ Bank Index Correlation stock chart.

Study the low, they are move in the same gradient. Interesting, right?

It does not matter, who is leading who! In fact, if you study like BAC and out of sudden someone show you the ^BKX. Can you tell the different? At leas for the following chart, I can’t tell the different. Have fun!

Trade with your eyes open.

March 1, 2019 Bank of America Corporation and NASDAQ Bank Index Correlation – D+See low

Moses Stock Observation

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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.