TAGS: Technical Analysis Software
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News in Brief
Bloomberg:
- Trump tells allies buy US jet fuel or ‘Take It’ from Hormuz.
- Iran strikes fully laden tanker in Dubai Port.
- China factories jolted by oil prices but activity resumes growth.
MarketWatch:
- Stocks surge, ending a tough month on a high note. But there’s skepticism about the rally.
- It’s time to get defensive, say Margan Stanley strategist.
- Stock-market indexes open higher after report says Trump may end Iran war soon.
yahoo! finance:
- Oil plunges after Iranian president shows willingness to end war.
- Stocks rise after Trump indicates flexibility on Hormuz.
- Powell issues an ‘essential’ reminder about inflation expectations.
‘Voetsek’: Presidency responds to Ramaphosa ‘clapback’ at Trump. Trump is readying 50,000 US troops to confront Iran.
Global Indexes
S&P 500
The S&P 500 surged on news of Iran’s willingness to end war.
DAX
The DAX made a high wave candle just below its EMA8 resistance.
HANG SENG
Similar for the HANG SENG but is surging past resistance this morning.
NYSE & NASDAQ Stocks
Alphabet Inc
GOOG made a breakaway gap out of extreme oversold territory.
Eli Lilly and Co
LLY used its 200 DMA as support for its bounce.
JSE Stocks
JSE All Shares
The JSE All Shares is following global markets higher.
Satrix RESI Portfolio
The RESI index has turned positive with a MACD turning green.
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.
