9 June 2021
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^DJI |Dow Jones Industrial Average Index and River
Study Dow Jones Industrial Average Index and River Stock.
Price Action and Moving Averages:
^DJI, Dow Jones Industrial Average Index price action has continued to above to stay above 34 EMA. 34 EMA slopping up, 200 MA slopping up. 34 EMA and 200 MA are wide apart. Price Action has a lot more room to stay above Fast MA, ie 34 EMA.
But, price action can fail any time. Trade what you see.
Manage risk is a key in trading. Trade carefully.
Moses Free Charting
Moses Power Charting
Official AmiBrokerAcademy.com Charting
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.
We learn from many past and present great traders. Kudo to these master.