Stocks Sell Off

TAGS: Technical Analysis Software

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News in Brief

  • Trump says US to provide insurance, escorts for oil tankers through gulf.
  • Market turmoil deepens as Iran conflict threatens energy supplies.
  • Europe’s economy can ride out Iram war – if over in a month.

MarketWatch:

  • The stock market’s wild swings are sending a message about the escalating Iran conflict.
  • Oil prices surge to highest levels in a year as fears of Middle East supply crunch grow.
  • JPMorgan’s Jamie Dimon warns of a ‘skunk’ that could derail markets.

yahoo! finance:

  • Dow, S&P 500, Nasdaq futures slide as Iran war volatility continues.
  • US stocks sell off as new Iran attacks rattle markets.
  • Gold falls as strong dollar offsets Mideast risk premium.

Nvidia’s Jensen is the latest tech CEO to cheer the potential of data centers in space.

Global Indexes

S&P 500

The sell off volatility continues for the S&P 500.

DAX

The DAX made another gap to close below its 200 DMA.

HANG SENG

The HANG SENG continued its negative trend and is now nearing its 200 DMA support.

NYSE & NASDAQ Stocks

Micron Technology Inc

MU made a gap to continue its sell off.

JPMorgan Chase Co

JPM made an engulfing bull candle on important support to close above its 200 DMA support.

JSE Stocks

JSE All Shares

The JSE All Shares followed global markets lower to close below its 50 DMA support.

Impala Platinum Holdings Ltd

IMP made a break away gap to make the biggest drop on the JSE.

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.

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