TAGS: Technical Analysis Software
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News in Brief
Bloomberg:
- Asia’s Pharma stocks drop as Trump plans US drug price cuts.
- Alphabet shares take $138 billion blow as search warnings blare.
- BofA’s Hartnett expects stock rally to fade amid US trade deals.
MarketWatch:
- Stock futures jump as US and China conclude two days of ‘productive’ trade talks.
- Trump floats 80% tariff on China. That level can sink weekend’s talks.
- Stocks are at risk of a drop of nearly 20%, says Goldman Sachs.
yahoo! finance:
- Bessent cites ‘substantial progress’ in trade talks with China.
- China calls talks ‘important first step’ as US hails progress.
- More Fed officials warn tariff could spike inflation.
- China’s factory-gate deflation deepens as trade war bites.
Markets ended flat ahead of the weekend tariff talks.
Global Indexes
S&P 500
The weekend talks will determine what happens next after all the uncertain candles of the S&P 500.
DAX
The DAX closed with an uncertain doji on its top resistance.
HANG SENG
The HANG SENG also closed with an uncertain doji just above its 50 DMA resistance.
NYSE & NASDAQ Stocks
Caterpillar Inc
Uncertainty everywhere as CAT also closed with a doji.
Advance Micro Devices Inc
AMD has 4 uncertain doji’s next to each other.
JSE Stocks
JSE All Shares
The JSE All Shares wants to form a J-curve but is also dependent on the weekend’s negotiations.
Spar Group Ltd
SPP is trending towards its 50 DMA resistance.
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.
