TAGS: Technical analysis News in Brief Bloomberg: MarketWatch: Markets are hesitant ahead of Powell’s speech. Global Indexes S&P 500 The S&P 500 closed with a small body candle awaiting Powell’s speech. DAX The DAX is still busy with its sideways movement and closed on its EMA8 line. HANG SENG A previous gap is still acting […]
Hesitant Markets ahead of Powell’s Speech Read More »
TAGS: Technical analysis News in Brief Bloomberg: MarketWatch: The markets were dominated by the China protests yesterday at reopening. At today’s opening the Hang Seng took off like a rocket as they defy US gloom. Global Indexes S&P 500 The S&P 500 closed lower and is between its 200-day moving average above and the positive
China stocks Defy US Gloom Read More »
TAGS: How to calculate a market share News in Brief Bloomberg: MarketWatch: yahoo! finance: Google Finance: It is not wise to follow technical signals after a half-day of trading. There was limited trading as most US traders took Black Friday off. Global Indexes S&P 500 The S&P 500 closed unchanged with an uncertain doji just
Limited Black Friday Trading – Uncertainty Read More »
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 »