TAGS: Technical Analysis Software
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News in Brief
Bloomberg:
- China’s lopsided growth puts spotlight on Xi’s five-year plan.
- Trump lists top demands on China before trade talks resume.
MarketWatch:
- Apple stock near a record high as earnings loom.
- US stocks remain a strong bet, thanks to a resilient consumer, says European wealth manager.
- Gold prices are so high, even central banks are feeling FOMO.
yahoo! finance:
- US stock futures little changed as investors eye earnings ahead.
- Apple stock hits all-time high as iPhone 17 sales soar.
- To hit back at Trump, China borrows from the US playbook.
- China’s economy slows to 4.8% annual growth in July-September, hit by tariffs and slack demand.
President Cyril Ramaphosa plans to appoint a new ambassador to the United States, resolving a seven-month diplomatic hiatus. All markets were positive ahead of the China tariff-talks.
Global Indexes
S&P 500
The S&P 500 made a breakaway gap on its way to test top resistance.
DAX
The DAX also made a breakaway gap that broke short-term resistances.
HANG SENG
The HANG SENG made an engulfing bull candle to take it back to resistances. It broke all resistances this morning.
NYSE & NASDAQ Stocks
salesforce.com Inc
CRM finally broke resistances to close 4.6% above them.
JPMorgan Chase Co
After the hammer candle in oversold territory, JPM bounced to close at resistances.
JSE Stocks
JSE All Shares
The JSE All Shares made a positive small body candle in anticipation what happen next on global markets.
Woolworths Holdings Ltd
After all the long-legged candles just below its 200 DMA, WHL finally broke the resistance to be in in all positive territory again.
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.
