TAGS: Technical Analysis Software
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News in Brief
Bloomberg:
- Trump team downplays Greenland risk as President forges ahead.
- Bessent urges calm over Greenland, downplays treasuries risk.
- Russia oil exports plunge to 4-month low as India shuns cargoes.
MarketWatch:
- Investors are worried – but waiting for Trump to pivot on Greenland threat.
- Greenland could turn into a Big Tech problem, according to Morgan Stanley’s Mike Wilson.
- Four times in 22 minutes, Bessent says there’s ‘hysteria’ over Greenland tariff threat.
- One Wall Street bank wastes no time downgrading Europe over Greenland threat.
yahoo! finance:
- UK touts warships to Denmark amid Russian threat in high north.
- Trump doubles down on Greenland as markets ready for ‘anything’.
- Trump plans Greenland meeting after 200% France tariff threat.
Beware the acute danger of another Trump tariff war, says Alex Brummer.
Global Indexes
S&P 500
The S&P 500 broke support with a gap to close below its 50 DMA.
DAX
The DAX made a long-legged hammer candle after another gap downwards.
HANG SENG
The HANG SENG managed to close on its trend line support with its correction.
NYSE & NASDAQ Stocks
Tesla Inc
TSLA started leg c of its abc correction.
Amazon.com Inc
AMZN closed below its 50 DMA support with its correction.
JSE Stocks
JSE All Shares
The JSE All Shares was one of the few global indexes that did not close negatively as resources boosted the index.
AngloGold Ashanti Ltd
ANG made a 6.2% gain. Take note that we have divergence in place 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.
