TAGS: Technical Analysis Software
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News in Brief
Bloomberg:
- Trump says US doesn’t know if Iran’s new leader is alive.
- Trump’s demand for Hormuz support faces resistance.
- Iran’s upper hand in Hormuz is pressuring oil buyers and Trump.
- Trump leaves allies and foes guessing on endgame for Iran.
MarketWatch:
- Warren Buffett’s parting gift to Berkshire Hathaway: A $2 billion Iran oil windfall.
- Stocks gaining steam in early action as crude futures ease and attention shifts to Nvidia’s event.
- Elon Musk’s xAI is facing a growing number of lawsuits over AI-generated deepfakes.
- The risk of a bear market is growing, says Goldman Sachs.
yahoo! finance:
- US manufacturing output rises marginally in February.
- Nvidia’s Huang sees AI chip demand reaching $1T by 2027.
- Trump call for Chinese warships hits sensitive topic for Xi.
- Uber to roll out Nvidia-powered self-driving taxis in 2027.
US Allies Wary of Joining Trump’s Strait of Hormuz Mission. Stocks bounce amid 3-week losing streak.
Global Indexes
S&P 500
The S&P 500 made a bounce in oversold territory just above its 200 DMA support.
DAX
The DAX made another uncertain long-legged high wave candle that touched its EMA8 line resistance. Notice the 5 uncertain candles next to each other.
HANG SENG
The HANG SENG also made a bounce. Its 200 DMA is still acting as support.
NYSE & NASDAQ Stocks
Chipotle Mexican Grill Inc
CMG made a strong bounce in extreme oversold territory.
Micron Technology Inc
MU wants to test top resistance with a gap.
JSE Stocks
JSE All Shares
The JSE All Shares followed global markets with a piercing candle.
Sasol Ltd
Sasol signaled an unconfirmed turn with a long-legged doji.
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.
