TAGS: Technical Analysis Software
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News in Brief
Bloomberg:
- Iranian letter calls on Americans to look past rhetoric.
- Trump says US to consider ceasefire when Hormuz is open.
- German growth forecast cut in half on Iran War, advisers say.
MarketWatch:
- Stock futures sink as Trump says US on track to complete Iran objectives ‘very shortly’.
- Investors continue to underestimate AI.
- Trump urges other nations to ‘take’ the Strait of Hormuz.
yahoo! finance:
- US stock futures slump after Trump’s national address on Iran.
- Oil surges after Trump offers no clear timeline to end war in Iran.
- US stock climb as deescalation talk in Iran sparks rally.
Trump is prepared to walk away from Iran leaving the Strait of Hormuz closed, contradicting his previous statements. Volatility remains on markets after his national address.
Global Indexes
S&P 500
The S&P 500 continued its rally, but futures sank after Trump’s national address. Notice the unconfirmed inverted hammer and gap.
DAX
The DAX also made a gap to close with an uncertain high wave candle.
HANG SENG
Similar for the HANG SENG with all Asia indexes sinking this morning.
NYSE & NASDAQ Stocks
Alphabet Inc
GOOG made another gap. We will have to see what Trump’s latest comments will do to the market.
Meta Platforms Inc
META stalled with a long-legged doji against resistance.
JSE Stocks
JSE All Shares
The JSE All Shares moved positively but was closed when Trump’s national address was delivered.
Sasol Ltd
Sasol made a breakaway gap downwards. Volatility will remain as the oil price is rising again.
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.
