TAGS: Technical Analysis Software
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News in Brief
Bloomberg:
- US markets are trailing the world as Aura of America First fades.
- Stocks bounce back as Powell says economy is fine.
- Alibaba’s sudden ADR discount shows fear of US-China decouping.
MarketWatch:
- Investors are anxious about Trump’s tariffs.
- US stock futures fall after a rough week on Wall Street, as Trump won’t rule out recession.
- It’s getting ‘uncomfortable difficult’ to find to find a job.
- Howard Marks expects a lower return from the S&P 500 over the next decade.
yahoo! finance:
- US stock futures fall following S&P’s worst week since September.
- Mexico President Sheinbaum celebrates reprive from Trump tariffs.
- Musk’s DOGE cuts are starting to hit the labor market.
- Powell: ‘We do not need to be in a hurry’ to cut rates.
- Apple delays Siri upgrade indefinitely as AI concerns escalate.
Trump says that he ended all Federal funding to South Africa. We will have to see how it will affect the JSE market.
Global Indexes
S&P 500
The S&P 500 is now sitting on its 200 DMA support, still below the negative short term trend lines.
DAX
The DAX retreated to its EMA8 line.
HANG SENG
The HANG SENG made an indecision candle after the two gaps. Uncertainty remains on markets with Trump.
NYSE & NASDAQ Stocks
Bank of America Corp
BAC made an indecision candle on critical support after its abc correction. Notice the P1 Power Signal warning.
Amazon.com
AMZN stalled with an uncertain long-legged doji on its 200 DMA support. Notice the divergence in place. (purple lines)
JSE Stocks
JSE All Shares
The JSE All Shares is inching higher towards top resistance.
Sasol Ltd
SOL has tried many times to lift its head. This time round it is trying to do so from an even a lower support.
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.
