TAGS: Technical Analysis Software
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News in Brief
Bloomberg:
- Fed expected to hold rates, weigh oil shock.
- Traders rethink Fed rates outlook as growth worries build.
- Iran’s threats to gulf facilities push up energy prices.
MarketWatch:
- Oil prices climb after Iran reports attacks on key oil and natural-gas field.
- Wholesale prices rise sharply and point to persistent US inflation.
- Nvidia says it’s now getting orders from China. Is this the catalyst to get the stock out of its trading range?
yahoo! finance:
- Fed stands pat as Powell says ‘we just don’t know’ how shocks will play out.
- Producer prices surge in February, complicating Fed’s path.
- Hormuz reopening looks unlikely without a truce.
- Investors wonder if stocks have seen the worst of the war.
Trump tears into ‘weak’ official who resigned over Iran war as his allies pile on ‘crazed egomaniac’. Iran war escalates as US drops 5,000-pound bombs and Israel kills intelligence chief.
Global Indexes
S&P 500
The S&P 500 closed near its 200 DMA support with a 1.4% drop.
DAX
The DAX made an engulfing bear candle with its 1% drop.
HANG SENG
The HANG SENG was still advancing but is also following global markets lower today.
NYSE & NASDAQ Stocks
Mastercard Inc
MA reversed 3.6% from its negative trend line resistance.
International Business Machines Corp
Even IBM halted its J-curve with a piercing candle.
JSE Stocks
JSE All Shares
The JSE All Shares followed global markets lower and is touching its 1130000 support.
Sasol Ltd
Sasol made another uncertain long-legged doji in extreme overbought territory. The Iran war is causing a lot of uncertainty in the world.
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.
