TAGS: Technical Analysis Software
Free Subscription: Subscription is necessary to receive an email when market reviews are posted.
News in Brief
Bloomberg:
- Nintendo extends gains to record on booming sales of switch 2.
- Tourism dip fuels worst stock drop in Asia at Thai Airport firm.
MarketWatch:
- Fed sticks with forecast of two interest-rate cuts this year despite new inflation worries.
- Trump likely won’t raise tariffs after July deadline, Goldman’s top economist says.
- Investors exercise caution after opening bell as Iran says it won’t surrender in Israel war.
yahoo! finance:
- Investors see quick stock market drop if US joins Israel-Iran conflict.
- Oil slips as investors watch for Trump’s plan on Iran conflict.
- Wall Street hates this rally.
- Texas Instruments to invest over $60B in US to make chips.
Stocks are back near record highs, but Wall Street isn’t exactly buying it. Trump is about to plunge America into another forever war. Ramaphosa’s much-anticipated G7 meeting with Trump failed to hold.
Global Indexes
S&P 500
The S&P 500 is moving sideways in anticipation of what Trump will do regarding the Iran conflict.
DAX
The DAX is continuing its negative trend, now entering oversold territory.
HANG SENG
Similar for the HANG SENG.
NYSE & NASDAQ Stocks
Mastercard Inc
After the two doji’s MA started correcting with a breakaway gap and is now approaching its 200 DMA support. Will it hold?
Exxon Mobil Corporation
XOM gave an engulfing bear candle after the doji in overbought territory.
JSE Stocks
JSE All Shares
The JSE All Shares stalled in its downward path with a hammer candle, also waiting to see what global markets are doing.
Sasol Ltd
SOL also stalled with a high wave candle in overbought territory in anticipation what will happen in Iran. Notice the divergence that is in place (purple lines).
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.
