TAGS: Technical Analysis Software
Free Subscription: Subscription is necessary to receive an email when market reviews are posted.
News in Brief
Bloomberg:
- US companies add 122,000 jobs, most since January 2025.
- Trump’s tariff war returns to test a weakened India.
- Oil’s Hormuz alternatives offer only a partial fix.
MarketWatch:
- A stark new warning about the global economy: Inflation is headed higher and growth lower.
- Oil prices climb for a third straight day as peace-deal hopes teeter.
- SpaceX officially set to crush global records in targeting massive IPO haul of up to $86 billion.
yahoo! finance:
- US, Iran exchange strikes to put fresh strain on ceasefire.
- Bitcoin continues plunge as one analyst says token’s ‘bear market is in late stages’.
- Broadcom stock sinks as AI chip sales forecast disappoints.
- US stock futures slip as Iran war threatens to drag on.
Trump rages at Republicans after being stripped of Iran war powers.
Global Indexes
S&P 500
The S&P 500 corrected but still managed to close above its EMA8 line.
DAX
After all the uncertain candles the DAX took the correction path with a breakaway gap.
HANG SENG
The rally of the HANG SENG also stalled with an outside/inside formation.
NYSE & NASDAQ Stocks
International Business Machines Corp
Profit taking stepped in after IBM reached the highest target price of analysts.
Meta Platforms Inc
Meta bounced on a strong support to close above its 50 DMA.
JSE Stocks
JSE All Shares
The JSE All Shares remains in negative territory closing below its 200 DMA support.
Anglo American PLC
AGL stalled with divergence in place with a piercing candle.
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.
