TAGS: Software for stock market analysis
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News in Brief
Bloomberg:
- Double-digit gains suggest turning point for Sri Lanka markets.
MarketWatch:
- The economy didn’t crater in the first half of 2023 – and that means Wall Street was very wrong.
- History shows stock market’s bullish momentum in the first half could spill over into the second half, but analysts are not so sure.
- Spain says masks in hospitals and pharmacies are no longer needed as government declares COVID health crisis over.
yahoo! finance:
- Blistering stock returns make the case for a strong second half.
The absence of the US markets was noticeable yesterday as those markets were closed.
Global Indexes
S&P 500
The S&P 500 was closed.
DAX
The DAX eased back more and closed just above support.
HANG SENG
All the resistances for the HANG SENG are just too strong and it retracted to trade below them all again.
NYSE & NASDAQ Stocks
The Coca-Cola Co
US markets were closed, but we show how Coca-Cola bounced on strong support with level 3 divergence.
Exxon Mobil Corporation
Exxon is very uncertain at its 50 and 200-day moving averages with 2 doji’s next to each other.
JSE Stocks
JSE All Shares
The JSE All Shares is just as uncertain, while US markets were closed, with a doji.
Pick n Pay Stores Ltd
Pick n Pay is busy breaking out of its flag it was forming. Notice how its 50-day moving average (dark blue) is acting as 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.
