TAGS: Technical Analysis Software
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News in Brief
Bloomberg:
- Trump cuts food tariffs on beef, coffee as prices vex voters.
- US to lower tariffs on Swiss Goods to 15% in breakthrough deal.
- China and US yet to agree rare-earth deal weeks after talks.
MarketWatch:
- The stock market faces big questions about economy this week.
- Crypto ‘whales’ are selling bitcoin as it sinks further below $100,000.
- Elon Musk now says xAI is delaying its Grok 5 launch until next year.
- The bull market deserves the benefit of the doubt, as tech stocks rebound.
yahoo! finance:
- US stock futures climb as traders look toward Nvidia earnings, jobs report.
- Trump signs order to ease tariffs on beef, coffee, bananas, tomatoes.
- Google to invest $40 billion in new data centers in Texas.
- USDA data casts doubt on Trump’s China soybean purchase promise.
- Berkshire buys shares of Google parent Alphabet, sells more Apple.
South Africa eyes first ratings upgrade in nearly two decades by S&P Global. Rating: ‘BB-‘ with positive outlook.
Global Indexes
S&P 500
The S&P 500 bounced on support to still close above its 50 DMA support.
DAX
The DAX made a long-legged hammer (turning) candle hanging on its support lines.
HANG SENG
The HANG SENG made an inverted hammer candle on its EMA8 line support.
NYSE & NASDAQ Stocks
NVIDIA Corporation
NVDA bounced on its 50 DMA support with a piercing candle.
Apple Inc
AAPL made a high wave candle with divergence in place (purple lines).
JSE Stocks
JSE All Shares
The JSE All Shares made an engulfing bear candle that closed below its 1130 break line (false break).
Harmony Gold Mining Company Ltd
After the inverted hammer candle HAR made a downwards breakaway gap to close with an uncertain long-legged doji.
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.
