Wednesday, March 30, 2016

KLCI MACD crossover

Learned about MACD during tonight's e-learning.. KLCI's MACD showing bearish crossover (signal 9 crossed and is now on top of the MACD blue line; when the blue line crosses and goes on top the signal line, it is bullish crossover or a buy signal).
Let's wait and see if KLCI comes down in the near future.


Tutor said this chart explains everything... KLCI peaks get higher but MACD peaks get lower - confirmation that KLCI is coming down (possibly sharply!)

I guess it's a bit too late for me as I am stuck in many stocks and I didnt cutloss.
Tutor stressed "Mindset, Money Management then only Method"... hmm...

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