June 28, 2018
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US ^BKX NASDAQ Bank Index Charting
Zoom in, and study the price action of NASDAQ Bank Index Index in 2018. .
Using the year high low, draw a box from the year high to the year low. See chart, We find US NASDAQ Bank Index begin to decline after the price action climbed to the top at 117 in 2018. The price action fall to the low below 103 and retest again.
Manage your risk.
June 28, 2018 NASDAQ Bank Index Charting
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.