TAGS: Technical Analysis Software
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News in Brief
Bloomberg:
- Currency traders pile into Dollar call options after hawkish Fed.
- Australian beef exports face 55% China tariff as quota reached.
MarketWatch:
- Micron and other memory stocks are having their best year ever. Why do they still look so cheap?
- SpaceX is vastly more expensive than any stock in the S&P 500, thanks to a ‘FOMO’ mentality.
yahoo! finance:
- Trump leans on markets to defy Iran deal critics.
- US ends Hormuz blockage, downplays tolls as talks restart.
- Warsh wants markets to guide the Fed, not the other way around.
‘This war was literally for nothing’: People left baffled by Trump’s latest Iran concession.
Global Indexes
S&P 500
The S&P 500 made a bounce to close above its EMA8 support.
DAX
The DAX made an uncertain long-legged high wave candle.
HANG SENG
The HANG SENG is continuing its downward trend, this time with a gap.
NYSE & NASDAQ Stocks
Space Exploration Technologies Corp
The overpriced SPCX is extending its correction.
Taiwan Semiconductor Mfg Co Ltd
TSM broke top resistance after a profit taking correction.
JSE Stocks
JSE All Shares
The JSE All Shares is hesitating at its 50 DMA resistance with a hammer candle.
Sasol Ltd
Sasol’s correction stalled with two turning candles in oversold territory, but with no sign of a turn?
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.
