TAGS: Technical Analysis Software
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News in Brief
Bloomberg:
- The job market is heating up – for jobs that people usually don’t want.
- Hyundai to push electric, expand in US despite raid on plant.
MarketWatch:
- S&P 500 and Dow extend their losing streaks to a fourth day. Are stocks headed for a full 10ection?
- Nvidia earnings have become crucial to the stock market – and this time even more so.
yahoo! finance:
- Nvidia looks set for $320 billion price swing after earnings.
- US stock futures fall as market braces for Nvidia test.
Google boss warns ‘no company is going to be immune’ if AI bubble bursts. Options show that Nvidia could book its largest post-earnings move ever.
Global Indexes
S&P 500
The S&P 500 extended its leg c of an abc correction to close with a high wave candle.
DAX
The DAX also ended with a high wave candle after a gap (exhaustion gap?)
HANG SENG
The HANG SENG closed just above its 25900 support and is bouncing today.
NYSE & NASDAQ Stocks
Home Depot
HD is making a serious dip to test its April support.
Alibaba Group Holding Ltd
BABA is consolidating on its 156 level with a high wave candle after the doji of the previous day.
JSE Stocks
JSE All Shares
The JSE All Shares followed global markets lower.
Sasol Ltd
SOL also stalled with a high wave candle against top resistance in overbought territory.
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.
