TAGS: Technical analysis News in Brief Bloomberg: MarketWatch: The key negative resistances were too strong and profit taking stepped in. Global Indexes S&P 500 Profit taking stepped in and the S&P 500 closed below its EMA8 line. We will only believe that the bear rally is over if the index also breaks the positive trend […]
TAGS: Which technical analysis software is best News in Brief Bloomberg: MarketWatch: yahoo! finance: Google Finance: More: Musk says energy storage is the future … We had a market scare at opening triggered by the jobs report, but at the end of the day stocks closed near their highs. We believe that we will get
Hot Jobs Data Scare Read More »
TAGS: Technical analysis News in Brief Bloomberg: MarketWatch: The S&P 500 is at a key hurdle to move into all bullish territory. The Rand is taking a beating due to the Phala Phala findings. Global Indexes S&P 500 We zoomed out to show the strong negative trend line of the S&P 500. It is just
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TAGS: Technical analysis News in Brief Bloomberg: MarketWatch: All global markets are moving strong positively. The Platinum price boosted Aluminum stocks on the JSE for strong moves. Global Indexes S&P 500 The S&P 500 broke its 200-day moving average in one huge move. It is now in all positive territory. DAX The DAX is still
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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
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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
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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 »