TAGS: Technical analysis News in Brief Bloomberg: MarketWatch: The profit taking now turned into selloff. Global Indexes S&P 500 With the latest selloff on the S&P 500 its MACD also turned red. DAX The DAX also closed below its EMA8 line. The sideways movement is not broken downwards yet. HANG SENG The HANG SENG is […]
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
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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
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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
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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 »