Slide Halts

TAGS: Technical Analysis Software

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News in Brief

Bloomberg:

  • Asian shares dip on tariff woes.
  • Stocks hit a wall as Trump remarks lift copper.
  • Stocks halt slide on hopes for Trump trade talks.

MarketWatch:

  • Trump is revving up his trade war again. Investors aren’t panicking just yet.
  • Dow battles to join modest S&P 500 and Nasdaq push upward in wake of latest tariff-induced selloff.
  • Goldman Sachs lifts its S&P 500 forecast.

yahoo! finance:

  • Trump’s April tariffs shook markets. He’s betting this time is different.
  • Trump says 50% copper tariff is in the works, floats 200% pharma duties.
  • US stock steady as market eyes Trump tariff moves.
  • China warns Trump on tariffs, threatens supply chain payback.

Tariffs are taking center stage again with markets cautious on what happens next.

Global Indexes

S&P 500

The S&P 500 halted on its EMA8 line with a doji. What comes next?

DAX

The DAX made a small body candle close to top resistance.

HANG SENG

The HANG SENG lifted its head yesterday, only to give it all back this morning.

NYSE & NASDAQ Stocks

Nike Inc

NKE stalled against analysts’ prediction of $77 and started correcting.

Bank of America Corp

BAC stalled with 2 doji’s and then made a breakaway gap downwards. This also happened close to analysts’ prediction of $51.

JSE Stocks

JSE All Shares

The JSE All Shares stalled with a high wave candle.

Sasol Ltd

Sasol gathered enough steam to break its 200 DMA. It is busy closing the open window (gap) of 24June.

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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