TAGS: Technical Analysis Software
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News in Brief
Bloomberg:
- Trump’s $21 trillion investment boom is actually short trillions.
- China’s LNG imports set to drop for 13th month, Kpler data show.
MarketWatch:
- Alibaba shows off its AI credentials as revenue tops expectations.
- Dell rides a boom in AI servers to deliver an upbeat forecast.
- Nvidia’s stock drops on Google fears. Are investors missing the point?
yahoo! finance:
- US retail sales miss in first glimpse of consumer spending in months.
- Alphabet’s rally is set to shake up tech leadership.
- Oil tumbles on report Ukraine agrees to most of peace deal.
- HP is betting $1B on AI – even if it means cutting thousands of jobs.
After digesting retail-sales Wall Street looks to keep rallying.
Global Indexes
S&P 500
The S&P 500 broke its 50 DMA resistance with a 0.9% gain. Notice that the turn happened in extreme oversold territory.
DAX
After all the uncertain candles the DAX found new direction to close on its 200 DMA resistance.
HANG SENG
The HANG SENG closed with a high wave candle on its EMA8 line resistance.
NYSE & NASDAQ Stocks
Meta Platforms Inc
META is continuing its rally after the P2 Power Signal showing a long term turn.
Amazon.com Inc
AMZN broke its 50 DMA resistance. Notice how its 200 DMA acted as support for turns in the past.
JSE Stocks
JSE All Shares
The JSE All Shares remained uncertain with another high wave candle on its 50 DMA support.
Anglo American PLC
AGL made an engulfing bull candle after the uncertain high wave candle.
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.
