TAGS: Technical analysis Nasdaq
Bloomberg:
- Stock face brutal earnings season with all eyes on Apple, investors say
- Cathie Wood warns Fed of policy error as rate hikes hit ARK ETFs
MarketWatch:
- Stocks could fall ‘another easy 20%’ and next drop will be ‘much more painful than the first,’ Jamie Dimon says
- The upcoming earnings season could be volatile
- Nasdaq closes at 2-year low after stocks fail to shake off Fed rate-hike gloom
The news is not positive while the slide on markets continues.
Global Indexes
S&P 500
The slide of the S&P 500 continued while all the % performances are negative … long and short term.
DAX
The DAX managed to close unchanged, but in all negative territory.
HANG SENG
All the % performances are negative for the HANG SENG too.
NYSE & NASDAQ Stocks
Apple Inc
Apple stalled with a doji at current level in anticipation of results. Notice how well the MACD color changes worked for Apple. I marked the last 2 changes.
Deere Company
Deere Company is one of the few shares where its ‘Rising Three Method’ candle pattern is playing out. Notice that Frontrunner is still heading up and the MACD is still green.
JSE Stocks
JSE All Shares
The JSE All Shares is following Global Markets lower with Frontrunner breaking down and the MACD changing color.
Sappi Ltd
Sappi was the star on the JSE with an 8% gain. Notice where the MACD turned green. Do you see the divergence of Frontrunner where the MACD turned green?
Algomodel Startegies, 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.
