TAGS: Technical Analysis Software
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News in Brief
Bloomberg:
- British retailers brace for fallout from EU’s new E-commerce customs fees.
- Russian oil exports hit 2026 high as Iran waiver threatens sales.
MarketWatch:
- Alphabet’s stock is set to join the Dow.
- The ‘Magnificent Seven’ correction may actually be a sign of a healthy stock market.
- Nasdaq trades lower as semiconductor slump weighs on US stocks.
- Everyday investors fueled the SpaceX trading frenzy. Now they face a bear market.
yahoo! finance:
- Alphabet to replace Verizon in Dow Jones reshuffle.
- Nasdaq plunges as tech sell-off gains steam.
- Micron to post Q3 earnings amid sky-high data center demand.
- Oracle slashes 21,000 jobs as AI build-out continues.
Is Elon Musk still a trillionaire after SpaceX investors hit the sell button?
Global Indexes
S&P 500
The correction of the S&P 500 closed with a gap and a long-legged doji on its 50 DMA support.
DAX
The DAX‘s correction closed on its EMA8 support with a high wave candle.
HANG SENG
The slide of the HANG SENG now moved into extreme oversold territory.
NYSE & NASDAQ Stocks
Space Exploration Technologies Corp
SPCX‘s slide also stalled with a high wave candle.
Micron Technology Inc
MU made an evening star correction formation, also called an abandoned baby with the two gaps.
JSE Stocks
JSE All Shares
The JSE All Shares made its correction with a hammer candle following global markets.
Anglo American PLC
AGL broke its 50 DMA support with its correction.
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.
