TAGS: Technical Analysis Software
Free Subscription: Subscription is necessary to receive an email when market reviews are posted.
News in Brief
Bloomberg:
- Canada embraces Asia to save Auto Heartland squeezed by US tariffs.
- Fed’s Goolsbee sees several rate cuts if inflation heads lower.
MarketWatch:
- Tech stocks continue to reel as holiday-shortened week kicks off on Wall Street.
- Gold at $6,000? One pro thinks that’s where it’s headed in 2026.
- Fund managers have never been so alarmed over corporate spending.
yahoo! finance:
- Meta to deploy millions of Nvidia chips in expanded partnership.
- Japan to invest $36 billion in US projects under Trump deal.
- Warner Bros gives Paramount a week to make ‘best and final’ offer.
AI capex for 2026 is forecast to exceed $600 billion with huge sums splurged on constructing datacenters.
Global Indexes
S&P 500
The S&P 500 has two indecision high wave candles in semi-oversold territory next to each other.
DAX
The DAX made an engulfing bull candle, still trending sideways on its EMA8 support.
HANG SENG
The HANG SENG was closed yesterday but opened positive this morning.
NYSE & NASDAQ Stocks
Chipotle Mexican Grill Inc
CMG bounced on its $36 support to close on its 50 DMA resistance.
Meta Platforms Inc
The abc correction of META stalled with a doji in extreme oversold territory.
JSE Stocks
JSE All Shares
The JSE All Shares was also continuing its abc correction in semi-oversold territory.
Woolworths Holdings Ltd
You could have guessed: WHL constructed its launching platform further on its 200 DMA support. This time with a doji candle … 7 turning candles in 12 days.
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.
