TAGS: Technical Analysis Software
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News in Brief
Bloomberg:
- US seizes Iranian ship in blockage, casting doubt on peace talks.
- Hormuz Tracker: Widespread U-turns take place amid Iran warning.
- Trump says Iran is removing sea mines from Strait of Hormuz.
- China clean tech exports jump amid global energy disruption.
MarketWatch:
- US stock futures tumble, oil surges as this weekend’s Iran developments rekindle uncertainty.
- Nasdaq scores longest winning streak since 1992 as stock market’s comeback continues.
- Amazon’s stock peeks into record territory, as the AI script has flipped to a positive.
yahoo! finance:
- Wall Street strategists expect a strong quarter of earnings growth.
- President Trump says Iran agreed to suspend its nuclear program.
- Oil prices plunge after Trump says Iran to suspend nuclear program.
- Tesla snaps 8-week losing streak with earnings ahead.
Markets were in a strong positive trend except for Asia Pacific Markets that made corrections. All NATO allies have AGREED Ukraine will become a member. Elon Musk’s automaker is due to report earnings on Wednesday.
Global Indexes
S&P 500
The S&P 500 closed at a new high with a gap (exhaustion?) in extreme overbought territory.
DAX
The DAX finally broke away from its 200 DMA resistance.
HANG SENG
The HANG SENG retreated with an indecision high wave candle.
NYSE & NASDAQ Stocks
Home Depot Inc
HD completed its J-curve and still has a 17% potential from current level according to analysts to reach $410.
Chipotle Mexican Grill Inc
CMG stalled with an indecision candle against its $36 resistance.
JSE Stocks
JSE All Shares
The JSE All Shares bounced on its 50 DMA support.
Impala Platinum Holdings Ltd
IMP closed above its 50 DMA resistance with a 9.2% gain.
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.
