China Services Rebound

TAGS: Technical Analysis Software

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News in Brief

  • China’s services gauge tops forecasts with surprise rebound.
  • ASML supplier says China 15 years behind in top chipmaking tools.

MarketWatch:

  • America’s renter generation is trying to build wealth by investing in stocks instead of owning a house.
  • Broadcom’s stock falls despite upbeat earnings, extending a frustrating stretch for investors.
  • Nvidia’s stock is climbing as investors get more confidence in an expanding base of AI customers.

yahoo! finance:

  • White House and ship trackers disagree over what’s getting through the Strait of Hormuz.
  • Goldman Sachs warns investors to expect lower returns over the next year.
  • Trump says Iran strikes to be short, asserts Hormuz control.

Uber, Wayve unleash supervised Robotaxis on London’s winding streets.

Global Indexes

S&P 500

The S&P 500 lifted its head, still closing below its EMA8 line.

DAX

The DAX closed with a long-legged high wave candle.

HANG SENG

The HANG SENG closed with a long-legged hammer candle (turning candle).

NYSE & NASDAQ Stocks

NVIDIA Corporation

NVDA closed its open window with the makings of a J-curve.

Deere Company

DE is extending its positive rally and moved into a strong Trend Factor catagory.

JSE Stocks

JSE All Shares

The JSE All Shares closed below its 200 DMA but will most probably follow global markets higher today.

Sasol Ltd

SOL closed with a long-legged doji highlighting uncertainty of its next move.

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.

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