TAGS: Technical Analysis Software
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News in Brief
Bloomberg:
- Japan’s Nikkei hits record high on tariff relief, tech rally.
- Asian stocks rise in China tariff truce extension.
- Novo, Orsted woes make Danish stock benchmark the World’s worst.
MarketWatch:
- Trump extends trade truce with China until November.
- Kodak warns investors it might not be around much longer.
- Dow set to gain as S&P eyes record high, with traders awaiting pivotal US inflation data.
yahoo! finance:
- July inflation report expected to show prices accelerated.
- Trump names Heritage’s EJ Antoni to lead Bureau of Labor Statistics.
- Nvidia, AMD revenue deal brings ‘monetization of US trade policy’.
- Fed’s Bowman makes case for 3 interest rate cuts in 2025.
Stocks slump as Wall Street girds for key inflation data.
Global Indexes
S&P 500
The S&P 500 touched 6400 top resistance before key inflation data.
DAX
The DAX is moving sideway on its EMA8 line.
HANG SENG
Similar for the HANG SENG.
NYSE & NASDAQ Stocks
Micron Technology Inc
MU gained with another gap to stall with a high wave candle near top resistance.
C3 Ai Inc
AI missed its earnings projection and was punished with a -25% breakaway gap to close below bottom support.
JSE Stocks
JSE All Shares
The JSE All Shares also stalled with global markets with a high wave candle.
GOLD-NY
Gold had a strong resistance that was touched 4 times. This time round it started to correct before reaching the resistance.
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.
