Oil Plunges

TAGS: Technical Analysis Software

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News in Brief

  • Anthropic’s IPO sets up defining moment for Wall Street and AI boom.
  • Dutch Government plans to cut 25,000 jobs in AI-led overhaul.
  • Trump’s trade general fights back as tariffs become Toxic.

MarketWatch:

  • SpaceX agrees to $40 billion chip-financing deal with Apollo.
  • Anthropic just put out its IPO prospectus.
  • McDonald’s new bet on chicken hits a snag as franchisees say the birds are too big.

yahoo! finance:

  • Microsoft offers voluntary buyout to 60,000 employees.
  • Meta rises as it launches $35B offering to fund AI.
  • Oil drops from near six-month highs on hopes Iran war hostilities to ease.

Oil plunges more than 6% from near wartime highs as diplomacy over Iran seemingly gathers pace.

Global Indexes

S&P 500

The S&P 500 bounced to close just below its resistances.

DAX

The bounce of the DAX closed above its EMA8 line and below its 50 DMA.

HANG SENG

The HANG SENG made two turning candles next to each other.

NYSE & NASDAQ Stocks

Lumentum Holdings Inc

It was LITE that activated the lift of the markets.

Cisco Systems Inc

CSCO made a breakaway gap with a P2 Power Signal to close on its 50DMA resistance.

JSE Stocks

JSE All Shares

The JSE All Shares closed with an uncertain high wave candle.

Sasol Ltd

Sasol is still stealing all the lime light.

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.

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