TAGS: Technical Analysis Software
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News in Brief
Bloomberg:
- US 10-year yields climb to highest since 2025 as rout deepens.
- South Africa proposes sweeping changes to power-price framework.
- Robot dogs make Chinese billionaire even richer despite US curbs.
MarketWatch:
- It pays to stay invested: No amount of bad news could stop the stock market’s strongest run in more than 25 years.
- Trump holds off on new 50% tariffs for Canadian goods.
- The Fed minutes are coming – and they’re more crucial now as Warsh limits his communication.
yahoo! finance:
- Anthropic could beat Elon Musk’s SpaceX for largest 2026 IPO.
- Asia shares decline as rising oil prices outweigh earnings session.
- BofA sees Nvidia trading at up to 50% discount on AI risks.
Dow, S&P 500, Nasdaq extend losses amid US-Iran tensions.
Global Indexes
S&P 500
The S&P 500 made a downwards breakaway gap to close below its EMA8 support.
DAX
Similar for the DAX.
HANG SENG
The HANG SENG closed again on its EMA8 line with not enough steam to break it.
NYSE & NASDAQ Stocks
Eli Lilly and Co
LLY bounced to challenge strong top resistance again that has now been touched 14 times.
Micron Technology Inc
MU also made a downward breakaway gap that closed below its 50 DMA support.
JSE Stocks
JSE All Shares
The JSE All Shares followed global markets lower. Notice that Frontrunner is still heading down after the turn.
Sasol Ltd
The US-Iran conflict is supporting Sasol.
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.
