TAGS: Technical Analysis Software
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News in Brief
Bloomberg:
- Subdued US job growth expected in advance of Fed meeting.
- Trump to meet Democrats with both sides dug in on shutdown.
- Trump plans new tariff push with 100% rate on patented drugs.
- Bessent puts US money at risk in $20 billion Argentina backstop.
MarketWatch:
- US stock futures edge higher as investors eye possible government shutdown.
- The AI trade increasingly hinges on OpenAI – and that’s a big risk for the entire market.
- Amazon conquered retail. Now it’s building a $35B business that’s changing how companies operate.
yahoo! finance:
- Wall Street says high stock valuations could represent a ‘new normal’.
- Crypto’s $300 billion wipeout marks harshest selloff in months.
- The US shutdown fight is different this time.
Stocks bounce after 3-day slide, but end week lower. Trump’s popularity plummets among key voters
Global Indexes
S&P 500
After the doji the S&P 500 bounced to close above its EMA8 line.
DAX
The DAX bounced past resistances.
HANG SENG
The HANG SENG continued its negative trend.
NYSE & NASDAQ Stocks
Amazon.com Inc
AMZN made a high wave candle in oversold territory. Notice the P1 Power Signal with a MACD changing colour.
Kellogg Company
We showed the turning candles previously for K. It finally bounced up.
JSE Stocks
JSE All Shares
The engulfing bear candle was not confirmed, but rather followed by an unconfirmed engulfing bull candle for the JSE All Shares.
Impala Platinum Holdings Ltd
IMP made a perfect J-curve on its way to top 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.
