TAGS: Technical analysis News in Brief Bloomberg: MarketWatch: With the US markets closed, markets in Asia turned negative as profit taking stepped in. Global Indexes S&P 500 The S&P 500 was closed for Thanksgiving. DAX The DAX responded with a positive move. HANG SENG The HANG SENG is still moving sideways with a negative candle […]
US Markets closed for Thanksgiving Read More »
TAGS: Technical analysis News in Brief Bloomberg: MarketWatch: The trend remains positive after Fed minutes. The US markets are closed for the rest of the week for Thanksgiving. Global Indexes S&P 500 The S&P 500climbed further towards its next hurdle, its 200-day moving average. We will only know next week if it has enough steam
Fed Minutes Boost Positive Sentiment Read More »
TAGS: South African market today News in Brief Bloomberg: MarketWatch: We can add to the news by saying that you should be very selective with your share selection. Algomodel Signal Pro is the tool that can help with that. Global Indexes S&P 500 The S&P 500 is busy completing its J-Curve and heading towards its
Bounce on Positive Trend Lines Read More »
TAGS: Software for stock analysis News in Brief Bloomberg: MarketWatch: Markets are still correcting out of overbought territory with news helping it along. We do not see a major selloff. Global Indexes S&P 500 The S&P 500 closed with a candle sitting on its EMA8 line with a bounce on the line. DAX The DAX
Profit Taking Continued Read More »
TAGS: Market analysis South Africa News in Brief Bloomberg: MarketWatch: yahoo! finance: Google Finance: A lot of contracts closed on Friday in the US, and we will have to wait to see what the next move will be as the US indexes showed hesitation. Global Indexes S&P 500 The S&P 500 closed with an uncertain
Profit Taking Stalling Markets – Next Move Read More »
TAGS: Software for stock analysis Bloomberg: MarketWatch: The Fed was the major cause of the latest correction, but indications are that it only lasted 2 days with Asia markets and US futures positive. Global Indexes S&P 500 The S&P 500 closed with a candle sitting on its EMA8 line with a bounce on the line.
Profit Taking Stalled Read More »
TAGS: Software for stock analysis Bloomberg: MarketWatch: The hesitant move of the previous day turned into profit taking as hopes of a Fed pause diminished. We were in very overbought territory and some correction was to be expected. Global Indexes S&P 500 The profit taking has not turned into a major selloff for the S&P
Profit Taking as Fed Pause Diminish Read More »
TAGS: Market South Africa Bloomberg: MarketWatch: More: After the one-day stall, the US markets continued their rally hesitantly with no confirmation of a turn. Global Indexes S&P 500 The S&P 500 is edging closer to its last hurdle, its 200-day moving average and long-term negative trend line. Notice that it has a positive Trend Factor
Rally Continues on Global Markets Hesitantly Read More »
TAGS: How to analyse shares and stocks Bloomberg: MarketWatch: Although the rally stalled in the US yesterday, the Asia markets are all strong today. The futures are currently positive. Global Indexes S&P 500 The S&P 500 stalled at current level as profit taking stepped in at overbought territory. DAX The DAX is also showing signs
Fed Signal Stalls Rally Read More »
TAGS: Tools to analyse stocks Bloomberg: MarketWatch: yahoo! finance: Google Finance: Although we still have a lot of volatility on markets quite a few of the global markets have broken long-term resistances to the top. There are lots of breakaway gaps in all markets. Global Indexes S&P 500 The S&P 500 is well above its
Global Markets Continue Positive Moves Read More »