d.vezeris
Long

S&P/ASX 200 Index Daily (17.08.2014) Tribute to EMA

ASX:XJO   S&P/ASX 200
144 0 0
This week we will see the EMA (50,100,200) and MACD , RSI for various diagrams.
The S&P/ASX 200 Index ( STI             ) Daily Diagram Technical Analysis Training shows the following:

The ASX200             index has made a correction decline and then (last week) it reacted on EMA 100. Last week it crossed EMA 50. ASX 200             is on a bull market because EMA 50 is above EMA 100 that is above EMA 200. The EMA 50 crossed EMA 100 & EMA 200 and EMA 100 crossed EMA 200 too.

MACD is ready to give a bull sign above the zero line. RSI=56.

Next target is the 1.618 of fib @ 5701. Long for it. Stop loss under the EMA 50.
United States
United Kingdom
India
Deutschland
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out