TAGS: Technical Analysis Software
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News in Brief
Bloomberg:
- Data fog intensifying for Fed as shutdown delays US inflation numbers.
- Fed’s December rate decision won’t come easy, even if shutdown ends soon.
- Republicans reject shutdown offer as travel, food aid delays hit.
MarketWatch:
- US stock futures rise as senate votes on deal to end government shutdown.
- As stocks wobbled, the S&P 500 held a critical threshold.
- Tech stocks just had their worst week since the April tariff selloff.
- The shutdown is starting to ‘bite the economy,’ top Trump aide warns.
yahoo! finance:
- US stock futures rise as hopes grow for end to government shutdown.
- Musk’s pay package is a signal that Tesla is done being just a car company.
- Pfizer wins $10 billion bidding war for weight-loss start-up Metsera.
- Trump administration rules out AI backstop amid OpenAI uproar.
Another weekend of shutdown as senators holed up in DC.
Global Indexes
S&P 500
All the indexes in the US made a hammer candle similar to the S&P 500. Its 50 DMA acted as support.
DAX
The DAX is nearing its 200 DMA support with its correction.
HANG SENG
The HANG SENG is hesitating on its EMA8 and 50 DMA line supports.
NYSE & NASDAQ Stocks
The Coca-Cola Co
After the engulfing bull candle KO made a breakaway candle to break the negative trend lines.
Tesla Inc
TSLA is now touching its 50 DMA support with its correction. Notice the divergence (purple lines) at the top before the correction started.
JSE Stocks
JSE All Shares
The JSE All Shares also retreated with global markets.
Sasol Ltd
SOL wants to complete its J-curve and closed above its 50 DMA.
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.
