Oil Prices Rise

TAGS: Technical Analysis Software

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News in Brief

Bloomberg:

  • Oil near five-month high on Middle-East tensions.
  • Tourism dip fuels worst stock drop in Asia at Thai Airport firm.

MarketWatch:

  • The oil gauge signals how nervous investors are about Trump’s warning to Iran.
  • Trump plans to delay TikTok ban again. Could he face a lawsuit?
  • China’s trillion-yuan gamble on AI and chips is creating strange bedfellows.
  • Nvidia could become a nearly $5 trillion company.

yahoo! finance:

  • Investors brace for Fed signal on 2025 rate cut.
  • US stock futures flat as US hand in Israel’s attack on Iran uncertain.
  • Supreme Court has a chance to have the final say on Trump’s tariffs.
  • Trump weighs Iran options as Israel ratchets up air strikes.

The current conflict is causing the latest uncertainty on markets and boosting oil prices.

Global Indexes

S&P 500

The S&P 500 is bouncing up and down around its EMA8 line with the current uncertainty.

DAX

The DAX is also uncertain with a small body candle extending its negative trend.

HANG SENG

Similar to the US the HANG SENG is hanging around its EMA8 line.

NYSE & NASDAQ Stocks

Adobe Systems Inc

ADBE closed below its 50 DMA support while extending is negative trend.

Exxon Mobil Corporation

XOM broke its 200 DMA resistance with an uncertain long-legged doji.

JSE Stocks

JSE All Shares

The JSE All Shares is extending its negative trend that started.

Sasol Ltd

The latest oil price is helping SOL to trade above its 200 DMA resistance for the first time in 18 months.

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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