TAGS: Technical Analysis Software
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News in Brief
Bloomberg:
- S&P 500 ends higher despite fading after US-China reality check.
- Chinese investors dump $2 billion Hong Kong stocks in rare move.
- India pulls ahead of rivals as Trump Trade War roils markets.
MarketWatch:
- Gold prices plunge in biggest one-day drop in years. Is the record rally over?
- Wednesday’s relief rally suggest the ‘Sell America’ trade is on pause. But is the worst really over?
- The buying opportunity of a lifetime is coming. But not before a 40% drop for the S&P 500, says strategist.
- US stock indexes cue up gains after Trump eases Fed independence fears.
yahoo! finance:
- US stock futures trade flat as Wall Street pins hopes on trade deals.
- Wall Street braces for Google earnings.
- Chipotle reported mixed first quarter results.
- Trump is starting to ‘feel the market’.
- White House considers slashing China tariffs as Trump deescalates.
‘Mag 7’ stocks surge on latest Trump tariff whiplash.
Global Indexes
S&P 500
Although the S&P 500 had a relief rally, it closed with an indecision high wave candle with the negative trend line still in play.
DAX
The relief rally took the DAX to close just below its 50 DMA.
HANG SENG
The HANG SENG closed with an uncertain doji above its negative trend line.
NYSE & NASDAQ Stocks
Alphabet Inc
The results of GOOG will determine what happens next as it closed with an uncertain long-legged doji .
Mastercard Inc
MA tried to extend its rally but stalled against resistance.
JSE Stocks
JSE All Shares
Uncertainty for the JSE All Shares with 3 turning candles next to each other against resistance.
Anglo American Platinum Ltd
AMS is back in all negative territory as it closed below its 50 and 200 DMA’s. Notice the long-legged doji turning candle at the top resistance.
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.
