TAGS: Technical analysis software
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News in Brief
Bloomberg:
- Yen gains on inflation data as Korean stocks fall.
- Tech reprieve lifts stocks, French crisis swirls.
MarketWatch:
- Wall Street sees ‘no alternative’ to US stocks in 2025.
yahoo! finance:
- Disney’s doubling down on cruises – and Wall Street is on board.
- US Thanksgiving online sales up about 4% so far this year.
Putin shut the door to war negotiations and said that the US and Nato are at war with Russia.
Global Indexes
S&P 500
The S&P 500 closed below its 6,000 resistance before Thanksgiving.
DAX
The DAX made a breakaway gap from support.
HANG SENG
The hope for more stimulus only lifted the HANG SENG one day above its EMA8 line resistance. It is trading below it again continuing the downward trend.
NYSE & NASDAQ Stocks
The US markets were closed for Thanksgiving.
salesforce.com Inc
After reaching analysts average prediction CRM made a double top and a breakaway gap downwards. Notice the level 2 divergence.
Mastercard Inc
MA is attacking top resistance while a strong buy from 21 analysts is still in place.
JSE Stocks
JSE All Shares
The JSE All Shares retreated from its resistances above.
Spar Group Ltd
SPP is not sure of breaking its resistance and made a looooong-legged hammer candle. This is an unconfirmed turning candle. Notice that we are in overbought territory.
Algomodel Strategies, 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.
