TAGS: Software for stock market analysis
MarketWatch:
- ‘Disinflation wave is building’ even as investors anticipate aggressive Fed rate increase, says economist
- The stock market has rallied on day of every Fed rate-hike decision in 2022. Could it happen again Wednesday?
- Ford stock worst S&P 500 performer a day after $1 billion supply-cost warning
The turning candles were not confirmed, and the negative trend continued. Although we still have many turning signals, best to wait for confirmation. Load shedding is now also influencing posting of the market reviews.
Global Indexes
S&P 500
The S&P 500 negated the previous day’s bullish candle, but with another hammer candle.
DAX
The DAX also had a negative candle after the previous day’s bullish candle.
HANG SENG
The HANG SENG is also moving negatively after the small bounce.
NYSE & NASDAQ Stocks
NVIDIA Corporation
NVIDIA also stalled with a doji. I cannot seem to be able to draw a negative trend line for this share. Best to watch trend candles as an alternative. You should notice that trend candles are still red.
Ford Motor Company
Ford made another continuation gap downwards. Notice where the MACD turned red with divergence shown by Frontrunner. Frontrunner is warning that more lows are coming for this share.
JSE Stocks
JSE All Share
The JSE All Share made an inverted hammer candle after the hammer candle to confirm uncertainty.
Investec plc
Investec made another High Wave candle after the previous high wave and Dragonfly doji (specific hammer) candles. See lesson 9 for explanations of these candles.
Algomodel Startegies, Education & Features
Click on Education or go to the home page to view education posts.
Frontrunner, Gaps, Trend and Cyclic Indicators are explained in these education posts.
All stock graphs are shown with a Trend Candles Template which is a feature available in Algomodel Signals Pro.
