Entries by Aksel Kibar

INTERIM UPDATE (EUROPE & US) – March 10, 2021

I start my research on Mondays and finalize by end of day Thursday. Friday is dedicated to putting all ideas to the report format. During the week I come across good setups and those are featured in the weekly report. However, there are those that pop during the week and is worth bringing to your attention before the week finalizes. Below is the latest addition to Tech Charts watchlist from  EUROPE & AMERICAS equities. These charts will also be included in the weekly update.

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GLOBAL EQUITY MARKETS – March 6, 2021

REVIEW


The benchmark for the Global equity markets performance, the iShares MSCI All Country World Index ETF (ACWI.O) failed to hold above the existing uptrend line. The last time the ETF tried to reverse the ongoing trend was in January. The recent pullback came close to January minor low at 90.1. We are possibly in a reversion to the mean stage where the ETF can pullback towards the 200-day average similar to Sep-Oct period. For the time being we can say that the ETF found support at the minor low for a possible rebound. It could be still early to bring this possibility to your attention but I will monitor the ACWI ETF for a possible H&S top. The ETF might rebound to form the right shoulder of a possible H&S top.

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RECTANGLE (BULLISH CONTINUATION)

Every week Tech Charts Global Equity Markets report features some of the well-defined, mature classical chart patterns under a lengthy watchlist and the chart pattern breakout signals that took place during that week. Global Equity Markets report covers single stocks from developed, emerging and frontier markets, ETF’s and global equity indices. The report starts with […]

GLOBAL EQUITY MARKETS – February 27, 2021

REVIEW


The benchmark for the Global equity markets performance, the iShares MSCI All Country World Index ETF (ACWI.O) failed to hold above the existing uptrend line. The last time the ETF tried to reverse the ongoing trend was in January. That pullback rebounded from the trend line support and resulted in a another attempt to reach new all-time highs. Friday's close was weak and it was below the arguable (because I think trend lines, diagonal boundaries are more prone to failure) trend line support. The ETF is also at the upper boundary of a long-term trend channel. We are possibly entering into a reversion to the mean stage where the ETF can pullback towards the 200-day average similar to Sep-Oct period.

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H&S TOP OR A FAILURE?

Every week Tech Charts Global Equity Markets report features some of the well-defined, mature classical chart patterns under a lengthy watchlist and the chart pattern breakout signals that took place during that week. Global Equity Markets report covers single stocks from developed, emerging and frontier markets, ETF’s and global equity indices. The report starts with […]

GLOBAL EQUITY MARKETS – February 20, 2021

REVIEW


The benchmark for the Global equity markets performance, the iShares MSCI All Country World Index ETF (ACWI.O) resumed its uptrend inside the past 2 months trend channel. It is important to note that price is at the upper boundary of the long-term trend channel, a possible resistance area. Breakout above the upper boundary can resume the uptrend with increased momentum. There is no clear reversal chart pattern on the daily scale price chart. Uptrend is intact. I will monitor the daily scale price chart for a possible reversal chart pattern.

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U.S. 10 YEAR T-NOTE & TNX

Every week Tech Charts Global Equity Markets report features some of the well-defined, mature classical chart patterns under a lengthy watchlist and the chart pattern breakout signals that took place during that week. Global Equity Markets report covers single stocks from developed, emerging and frontier markets, ETF’s and global equity indices. The report starts with […]

GLOBAL EQUITY MARKETS – February 13, 2021

REVIEW


The benchmark for the Global equity markets performance, the iShares MSCI All Country World Index ETF (ACWI.O) resumed its uptrend inside the past 2 months trend channel. It is important to note that price is at the upper boundary of the long-term trend channel, a possible resistance area. Breakout above the upper boundary can resume the uptrend with increased momentum. There is no clear reversal chart pattern on the daily scale price chart. Uptrend is intact. I will monitor the daily scale price chart for a possible reversal chart pattern.

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INTERIM UPDATE (OIL & GAS EQUIPMENTS) – February 12, 2021

I start my research on Mondays and finalize by end of day Thursday. Friday is dedicated to putting all ideas to the report format. During the week I come across good setups and those are featured in the weekly report. However, there are those that pop during the week and is worth bringing to your attention before the week finalizes. Below is the latest addition to Tech Charts watchlist from  AMERICAS equities. In the weekly report you will find few more Energy, Oil & Gas setups. This one is a great setup and I want to bring it to your attention before the market closes. This chart will also be included in the weekly update.

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