TAGS: Technical Analysis Software
Free Subscription: Subscription is necessary to receive an email when market reviews are posted.
News in Brief
Bloomberg:
- US works to tame oil prices as Iran threatens new targets.
- Iran’s supreme leader says other fronts will be opened if war persist.
- Mideast shipping crisis widens with more tankers hit in gulf
MarketWatch:
- Trump is scrambling to quell the rise of $100 oil. But the market keeps circling one answer.
- A key gauge of inflation expectations just logged its highest reading in almost 4 years.
- US stocks in steep decline after crude-oil futures briefly roll past the $100-a-barrel mark.
- Trump tariffs were supposed to cut trade deficit and create jobs. It hasn’t worked out that way.
yahoo! finance:
- Tech giants hover on cusp of correction as war heats up.
- Iran war is creating the biggest oil supply disruption in history.
- US weekly jobless claims edge down.
Trump takes new path to imposing tariffs after legal setback. US stock futures climb after stocks sink to lowest levels for 2026.
Global Indexes
S&P 500
The S&P 500 made a downwards gap after the uncertain high wave candles.
DAX
The DAX made an uncertain long-legged doji.
HANG SENG
The HANG SENG closed below its EMA8 resistance but still above its 200 DMA support and trading on it this morning.
NYSE & NASDAQ Stocks
Estee Lauder Companies Inc
EL gapped down to important support into extreme oversold territory.
Philip Morris International Inc
PM made an engulfing bull candle on its 200 DMA support. Notice the divergence that is in place (purple lines).
JSE Stocks
JSE All Shares
The JSE All Shares made an uncertain high wave candle. Volatility is still the order of the day due to the Iran war.
Sasol Ltd
Sasol was the winner of the day following the oil price. It is touching top resistance with unconfirmed divergence in place (purple lines).
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.
