TAGS: Technical Analysis Software
Free Subscription: Subscription is necessary to receive an email when market reviews are posted.
News in Brief
Bloomberg:
- Chinese stocks rise after holidays on optimism over trade, data.
- Popular hedge fund option trade adjusts with turbulent market.
MarketWatch:
- 10 Tech stocks could rally up to 41%.
- Super Micro cuts its outlook again, acknowledging possible tariff impacts.
- Rivian makes all its EVs in the US – but it still isn’t immune to Trump’s tariffs.
yahoo! finance:
- Dow, S&P 500, Nasdaq futures rise as US announces trade talks with China.
- Chipmaker AMD beats Q1 earnings, revenue forecasts.
- OpenAI plans to cut Microsoft revenue share after restructuring.
- China’s central bank cuts key interest rate as US tariffs threaten economy.
Stocks could face another brutal pullback amid Trump’s 90-day tariff pause.
Global Indexes
S&P 500
The S&P 500 eased out of its extreme overbought territory with another uncertain doji.
DAX
The DAX stalled with a hammer candle against top resistance.
HANG SENG
The HANG SENG reached its 50 DMA resistance with a high wave candle.
NYSE & NASDAQ Stocks
JPMorgan Chase Co
Most of the stocks eased down from their extreme overbought position, similar to JPM.
Mastercard Inc
MA did so with an inverted hammer candle.
JSE Stocks
JSE All Shares
The JSE All Shares made an uncertain long-legged doji in its overbought position.
Nineteen One Plc
N91 bounced down from its overbought position to close on its 200 DMA resistanece.
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.
