TAGS: Technical Analysis Software
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News in Brief
Bloomberg:
- Trump signals US will tap oil reserve to ease price shock.
- Iran shifts from reciprocal to ‘Strike after Strike’.
- IEA proposes massive release of emergency oil stockpiles.
MarketWatch:
- Dow futures down more than 500 points as Brent crude again tops $100 a barrel.
- Crude-oil futures are back on the rise as traders await decision on prospective release of reserves.
- ‘Cruising used to feel special.’ Cruise lines were struggling even before the Iran conflict hurt stocks.
yahoo! finance:
- Revenue from Trump’s tariffs just shrank by over $1B.
- Oil jumps as Iraq halts ports, IEA release fails to quell rally.
- Three ships hit by projectiles in Middle East in the Strait of Homuz.
Trump aides urge president to end Iran war amid backlash fears.
Global Indexes
S&P 500
The S&P 500 now has two uncertain high wave candles next to each other against resistance.
DAX
The DAX retreated from its EMA8 resistance, also with a high wave candle.
HANG SENG
The HANG SENG also made an uncertain high wave candle.
NYSE & NASDAQ Stocks
Oracle Corporation
ORCL made a breakaway gap with upbeat results and also closed with a high wave candle against its 50 DMA resistance.
Bank of America Corp
BAC made 4 uncertain candles next to each other.
JSE Stocks
JSE All Shares
The JSE All Shares made a negative piercing candle. You can see explanations of candles in the educational section.
Harmony Gold Mining Company Ltd
HAR broke its 200 DMA support with a 11.1% drop
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.
