TAGS: Technical Analysis Software
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News in Brief
Bloomberg:
- S&P 500 rally wavers as buyer fatigue kicks in.
- Stock rally wanes after 22% surge from April low.
MarketWatch:
- Has market’s rebound come too far, too fast?
- Wall Street’s biggest bull held his nerve throughout this year’s selloff.
- Nasdaq-100 precariously close to overbought, momentum gauge suggest.
yahoo! finance:
- Boeing emerges as top beneficiary of Trump’s dealmaking abroad.
- Stocks take a breather after S&P 500 erases 2025 losses.
- AMD stock jumps on new $6 billion share buyback plan.
Nvidia stock extended gains as it and fellow chipmakers announced billions of dollars of AI deals in Saudi Arabia.
Global Indexes
S&P 500
The S&P 500 is in overbought territory with an uncertain doji.
DAX
The DAX is still hesitant just above its previous top resistance.
HANG SENG
The HANG SENG extended its rally.
NYSE & NASDAQ Stocks
NVIDIA Corporation
NVDA extended its rally with another gap (3 in a row).
Chipotle Mexican Grill Inc
CMG wants to break resistance to complete its J-curve formation. Average target price is still $65.
JSE Stocks
JSE All Shares
The JSE All Shares is struggling at top resistance with a high wave candle.
Sasol Ltd
SOL is struggling at its resistance with a long-legged doji. Next move will determine if it can break it or bounce down again.
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.
