TAGS: Technical Analysis Software
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News in Brief
Bloomberg:
- China’s high-tech boom seen failing to halt slowdown of economy.
- US Wholesale inflation cools as war-driven energy shock fades.
- Ukraine says it hit oil refinery in Russia’s Urals region.
MarketWatch:
- SpaceX set an IPO record. Now there’s hope that Anthropic could shatter it.
- Salesforce’s stock gets a boost as JPMorgan says AI fears are overblown.
- S&P 500 closes at record, Dow edges up after tame inflation data.
yahoo! finance:
- SpaceX is racing back toward $150/share.
- SMCI profit more than triples on AI-driven chip demand.
- White House: 40 US trading partners are helping China evade tariffs.
Iran says Strait of Hormuz will stay blocked despite Trump’s claim of ‘total control’. US stocks rise after tame PPI data.
Global Indexes
S&P 500
The S&P 500 closed at a new high above top resistance.
DAX
The DAX touched top resistance only to close lower down.
HANG SENG
The HANG SENG made an inverse hammer candle next to its hammer candle.
NYSE & NASDAQ Stocks
salesforce.com Inc
The rally of CRM is now touching its 200 DMA resistance.
META Platforms Inc
META is making another attempt to break its 50 DMA resistance, with a piercing candle.
JSE Stocks
JSE All Shares
The JSE All Shares continued its correction to close below its 200 DMA support.
Dis-Chem Pharmacies
After a long correction DCP is showing signs of a turn with a P2 Power Signal and building a possible W.
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.
