TAGS: Technical Analysis Software
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News in Brief
Bloomberg:
- Britain’s miserable budget is all about the fear.
- Russians are starting to feel economic pain from Putin’s war.
MarketWatch:
- Stocks stage powerful comeback ahead of Thanksgiving – but still haven’t erased November’s losses.
yahoo! finance:
- JPMorgan sees a path to 8,000 for the S&P 500 next year.
- Layoffs are piling up, raising worker anxiety.
- China turns to France for support during its feud with Japan.
The US market was closed for thanksgiving leaving its markets in red for November.
Global Indexes
S&P 500
This market was closed yesterday.
The S&P 500 extended its rally with a gap. Be careful of an exhaustion gap?
DAX
The DAX closed with an uncertain high wave candle while the US markets were closed.
HANG SENG
The HANG SENG made a third uncertain candle on its EMA8 line.
NYSE & NASDAQ Stocks
These markets were closed yesterday.
Advance Micro Devices Inc
AMD now made two turning candles and two bounces on its $204 support, but still remaining below its 50 DMA resistance.
Deere Company
Forecast estimates pressured by tariff impacts and weaker margins from its large tractors made DE tumble 5.8%. Notice that it made a death cross 5 weeks earlier. (50 DMA broke the 200 DMA downwards)
JSE Stocks
JSE All Shares
The JSE All Shares made a downwards piercing candle not confirming the previous day’s direction.
PSG Konsult Ltd
KST gave a P2 Power signal with divergence in place signaling a top. Notice the high wave candle of the previous day.
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.
