March 20, 2018

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.

Singapore Stock Analysis

STI Straits Times Index and Levels From 1988

Take a step back and study the STI chart, Straits Times Index resistance turns support. Supported 2010 and 2016 low. 2006 was the best time for STI, STI high approaching 4000. But STI after the try fail badly, the Straits Times Index fall all the way to approach 1400 level. This coincide with the 2008 Great Recession.

After 2008, the price action bounce up, the price action continue to form higher high. Total four higher high. In one of our earlier posting, we warn the pattern might be like 2014 – 2015 has a great pullback. Manage your risk.

March 19, 2018 STI Straits Times Index Since 1988 and Levels

Moses Singapore Stock 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.