TAGS: Technical Analysis Software
Free Subscription: Subscription is necessary to receive an email when market reviews are posted.
News in Brief
Bloomberg:
- ECB keeps rates on hold, warns Iran war to stoke inflation.
- BOE ‘Ready to Act’ on inflation after 9-0 vote to hold rates.
- Hegseth rejects notion Iran conflict will become ‘Forever War’.
MarketWatch:
- Global oil prices briefly top $119 a barrel as Trump threatens to ‘blow up’ world’s largest gas field.
- JPMorgan cuts S&P 500 target as analysts say the domino effect from oil-price shock isn’t baked in.
- Rivian’s stock is popping as the EV maker becomes the latest to partner with Uber.
yahoo! finance:
- $200 billion for the war in Iran? Trump calls it a ‘small price to pay’.
- Iran attacks energy sites, defying Trump calls for restraint.
- Alibaba sets $100 billion target for AI revenue in five years.
- Nvidia to sell 1 million chips to Amazon by end of 2027.
RUSSIA HAS LOST THE BLACK SEA. “No Crimean port is safe anymore for Russian warships”. Ukraine has sunk or destroyed 15 Russian warships.
Global Indexes
S&P 500
The S&P 500 closed with a high wave candle just below its 200 DMA support.
DAX
The DAX dipped to its lowest level since May 2025 with a gap.
HANG SENG
The HANG SENG also closed with a high wave candle hanging on its 200 DMA support.
NYSE & NASDAQ Stocks
Advanced Micro Devices Inc
AMD is advancing towards its 50 DMA resistance while touching its 200 DMA support.
FedEx Corporation
FDX is sitting on important support.
JSE Stocks
JSE All Shares
The JSE All Shares is now also touching its 200 DMA support.
Sibanya Stillwater Ltd
SSW closed below its 200 DMA on important support.
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.
