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USA Stock market Analysis for April 11, 2017

NFLX – bullish pattern at the daily SMA 50CLF – the price is near the daily SMA 200, look
The index could break higher above 20,800 or continue lower below daily SMA 50, but it might not happen this week.
Archer Daniels Midland (ADM)The share price of ADM looks moving inside triangle range, and the price will continue moving inside the triangle.
Currently, it is near the daily SMA 50 & 100 also the horizontal support level at $45.
The upside target for the long position is the top of the channel.

as informed in

Stock market trims losses but investors remain cautious

U.S. stocks pared losses to come off intraday lows on Tuesday but investors remained cautious over assets perceived as risky such as equities on rising geopolitical tensions.
The Nasdaq Composite Index COMP, -0.40% declined 22 points, or 0.4%, to 5,858, but also pared losses from a nearly 1% decline earlier in the session.
Shares of Cytori Therapeutics Inc. CYTX, -34.59% plunged 35% after the developer of burn treatments priced a stock offering at a deep discount.
Individual movers: Shares in United Continental Holdings Inc. UAL, -1.64% is down 2.7%, paring some of their earlier losses.
The S&P 500 index SPX, -0.31% fell 6 points, or 0.3%, to 2,350.
Stock market

as informed in

Stock market edges closer to the magic 6000 mark

Stock market

SHAREShare on Facebook SHAREShare on Twitter TWEETLink Deutsche Bank says we can thank a flood of offshore investment into Australian stocks.
The Australian market also ignored the 6.8 per cent fall in the price of iron ore on Friday.
This has long been a feature of the Australian market.
Before the Dreamworld tragedy in October, the Ardent Leisure share price was sitting comfortably at $2.75.
Another factor making the Australian market attractive to foreigners is the prospects for better earnings; again much of the improvement will come from increased profits of our mining stocks.  Shares of Cytori Therapeutics Inc. CYTX, -34.59% plunged 35% after the developer of burn treatments .

 

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