EU Tariff Deadline Delayed

TAGS: Technical Analysis Software

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News in Brief

Bloomberg:

  • Goldman Sachs expects stronger Yuan to boost Chinese stocks.
  • Japan’s stocks solid as Trump rhetoric cools; Nippon steel gains.

MarketWatch:

  • Wall Street looks set to rebound as US stock futures rally after Trump delays EU tariff deadline.

yahoo! finance:

  • Nvidia ‘played a central role’ in the $306 billion AI startup boom.
  • Oil steadies as traders focus on EU trade talks, OPEC+ meeting.

Trump back tracked on the EU tariffs by delaying the deadline, boosting futures. Nvidia is reporting its results tomorrow.

Global Indexes

S&P 500

The S&P 500 has now corrected to its 200 DMA support.

DAX

The DAX made a rebound after the tariff delay. It made another uncertain doji against top resistance.

HANG SENG

The HANG SENG closed below its EMA8 line with its negative move.

NYSE & NASDAQ Stocks

Alphabet Inc

GOOG bounced down from its 200 DMA with a gap.

Microsoft Corporation

After the doji MSFT bounced down to form another uncertain doji. Notice the divergence of Frontrunner.

JSE Stocks

JSE All Shares

The JSE All Shares edged higher with an inverted hammer candle.

Sasol Ltd

SOL gapped up with a very uncertain inverted hammer candle. The OPEC+ meeting will determine what happens next.

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.

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