TAGS: Technical Analysis Software
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News in Brief
Bloomberg:
- EU to unveil latest clampdown on big tech with social media act.
- US-China discuss cutting some tariffs as leaders prepare to meet.
- China signals it’s finally starting to tackle glut in car market.
- Hong Kong’s data center ambitions face $2.6 billion funding test.
MarketWatch:
- Morgan Stanley joins Goldman Sachs in 11th-hour switch to forecasting a Fed hike.
- Dow clinches its worst September start since 2008.
yahoo! finance:
- Brent rises as attacks, pipeline outage deepen supply concerns.
- The AI spending surge isn’t showing signs of slowing.
- Robinhood staffers charged with crypto-related trading fraud.
Markets brace as Fed expected to hike rates for first time in 3 years.
Global Indexes
S&P 500
The S&P 500 is still correcting closing below its 50 DMA support.
DAX
Similar for the DAX closing with a long-legged high wave candle.
HANG SENG
Similar for the HANG SENG closing with an engulfing bear candle.
NYSE & NASDAQ Stocks
Exxon Mobil Corporation
XOM is still edging towards top resistance.
Meta Platforms Inc
Similar for META.
JSE Stocks
JSE All Shares
The JSE All Shares made a hammer candle on its 50 DMA support.
Sasol Ltd
SOL is testing top resistance in overbought territory.
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.
