TAGS: Technical Analysis Software
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News in Brief
Bloomberg:
- Trump says war will end ‘soon’ but not this week.
- G-7 ready to release oil stockpiles if needed to support supply.
- Iran missile downed in Turkey raises risk of wider war.
- G-7 to discuss joint release of emergency oil reserves.
- Iran war is the latest blow for Europe’s battered industrial backbone.
MarketWatch:
- Trump announces sanctions relief to ease oil prices, says Iran war to end ‘very soon’.
- Stocks take a turn for the worse and oil surge continues as G-7 opts against near-term reserve release.
- Gold prices tumble as investors, rattled by the Iran conflict, continue to shelter in the dollar.
yahoo! finance:
- Trump says US is waiving certain oil-related sanctions to ensure supply.
- Oil slides after Trump seeks to ease concerns over war’s length.
- Stagflation trades sweep markets as Trump signals wider war.
Wall Street is bracing for a prolonged and deeper fallout from the Iran war. Russia is helping Iran against US attacks.
Global Indexes
S&P 500
The S&P 500 made an engulfing bull candle after the announcement that Iran war could end soon.
DAX
The DAX bounced on its 23000 level.
HANG SENG
The HANG SENG found support at its 25222 level on its 200 DMA.
NYSE & NASDAQ Stocks
Advanced Micro Devices Inc
AMD made an engulfing bull candle on its 200 DMA support.
Philip Morris International Inc
Its 200 DMA also acted as support for PM in oversold territory.
JSE Stocks
JSE All Shares
The JSE All Shares made a hammer candle (turning) in oversold territory.
Sasol Ltd
SOL reversed its gain of the day as profit taking stepped in to close near the low of the day.
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.
