TAGS: Technical Analysis Software
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News in Brief
Bloomberg:
- Asian stocks rise, bond selloff after US CPI calms.
- Stocks slide as sticky inflation curbs Fed wagers.
MarketWatch:
- CPI and Treasury yields warn the market’s bull run could be in trouble.
- Inflation is not releasing its grip, CPI data show.
- Powell indicates the Fed is in no hurry to resume interest-rate reductions.
yahoo! finance:
- Powell after hot inflation report: ‘We’re close but not there’.
- Alibaba is China’s AI darling again after $87B rally.
- Tesla’s stock slide could be unrelenting.
- Trump says lower interest rates would go hand-in-hand with tariffs.
Inflation runs hot again halting stock gains.
Global Indexes
S&P 500
Volatility on the S&P 500 remains with its last three closes all ending on its EMA8 line.
DAX
The DAX is extending its positive trend.
HANG SENG
The HANG SENG breather only lasted one day before extending its positive trend.
NYSE & NASDAQ Stocks
Alibaba Group Holding Ltd
After its strong rally BABA is now attacking top resistance.
Caterpillar Inc
After hesitating at its 200 DMA support CAT broke down into all negative territory.
JSE Stocks
JSE All Shares
The JSE All Shares is making an attempt to break its top resistance with a long-legged inverted hammer candle.
Exxaro Resources Ltd
EXX was one of the big losers on the JSE closing below its 50 DMA support.
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.
