TAGS: Technical Analysis Software
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News in Brief
Bloomberg:
- Europe’s appeasement of Donald Trump runs out of road.
- Germany says Trump reached red line with Greenland threat.
MarketWatch:
- Stock futures slump as US-Europe trade tensions ramp up over Trump’s Greenland demands.
- As competition heats up, OpenAI changes course and introduces ads on ChatGPT.
- Big Tech stocks are quickly falling out of favor.
yahoo! finance:
- US stock futures fall as Trump targets NATO allies with tariff threat.
- EU has a $8 trillion ‘sell America’ bazooka to hit back at Trump.
- ‘Trade war is back on’: EU lined up $108 billion tariffs on US.
Trump’s presidency is in trouble as Republicans deem him ‘foolish and wrong’.
Global Indexes
The US markets were closed yesterday.
S&P 500
The S&P 500 eased back from top resistance to close just above its EMA8 line.
DAX
The DAX made a breakaway gap downwards. Notice where Frontrunner broke down.
HANG SENG
Similar for the HANG SENG with a P2 Power Signal the previous day.
NYSE & NASDAQ Stocks
These markets were closed.
Palantir Technologies Inc
PLTR could not break its 50 DMA resistance and retreated sharply.
Deere Company
DE stalled with a high wave and hammer candles in overbought territory. Notice the P1 Power signal warning.
JSE Stocks
JSE All Shares
The JSE All Shares closed with an uncertain doji and will most probably follow global markets lower today.
DRDGOLD Ltd
Gold shares are in a rally with the global uncertainties. DRD made a gap and notice where the rally started.
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.
