Head and Shoulders Top – Failure
This content is for members only
Author Archive for: Aksel Kibar
Entries by Aksel Kibar
HANG SENG CHINA ENTERPRISES INDEX ETF (2828.HK)
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 and emerging markets, ETF’s and global equity indices. The report starts with a review section that highlights the important chart developments on global equity benchmarks. This blog post features a bearish continuation chart pattern on the HANG SENG CHINA ENTERPRISES INDEX ETF listed on the Hong Kong Stock Exchange. Read More
GLOBAL EQUITY MARKETS – June 16, 2018
REVIEW
The iShares MSCI All Country World Index ETF (ACWI.O) continues to challenge the upper boundary of its 4 month-long sideways consolidation. The index remains range-bound. Last 2 year's trend is upwards. Price is trading above the long-term moving average. Both the lower boundary of the 2 year-long trend channel and the 200-day (40 week) moving average are forming support at 71.35 levels. The upper boundary of the the 4 month-long consolidation is acting as resistance at 73.90 levels.
SNC-LAVALIN GROUP INC (SNC.TO)
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 and emerging markets, ETF’s and global equity indices. The report starts with a review section that highlights the important chart developments on global equity benchmarks. This blog post features a developing chart pattern on SNC-LAVALIN GROUP INC listed on the Toronto Stock Exchange.
GLOBAL EQUITY MARKETS – June 9, 2018
REVIEW
Benchmark for Global equity markets performance, the iShares MSCI All Country World Index ETF (ACWI.O) is challenging the upper boundary of its 4 month-long symmetrical triangle at 73.90 levels. Tight consolidation is taking place above the long-term average which is acting as support at 71.2 levels. Both the long-term average and the lower boundary of the 2 year-long uptrend are forming support around the same levels. ACWI ETF is in a steady uptrend. Decisive breakout above 73.90 can resume the multi-year long uptrend. Failure to move higher can result in another test of the long-term average at 71.2 levels.
ISHARES MSCI ALL COUNTRY WORLD INDEX ETF
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 and emerging markets, ETF’s and global equity indices. The report starts with a […]
GLOBAL EQUITY MARKETS – June 2, 2018
REVIEW
Benchmark for Global equity markets performance, the iShares MSCI All Country World Index ETF (ACWI.O) continues to consolidate in a tight range. Last 4 month's consolidation can be identified as a possible symmetrical triangle. Symmetrical triangle is a neutral chart pattern. Price can breakout in any direction. Strong resistance stands at 73.90 levels. Support, formed by both the lower boundary of the symmetrical triangle and the 200-day (40-week) moving average stands at 71 levels. Last 4 month's consolidation is taking place inside the 2 year-long uptrend channel. Long-term trend is upwards. Read More
GLOBAL EQUITY MARKETS – May 5, 2018
Dear Tech Chart followers,
Every week Tech Charts Global Equity Markets report features some of the well-defined, mature classical chart patterns under a lengthy watch list and the chart pattern breakout signals that took place during that week. Global Equity Markets report covers single stocks from developed and emerging markets, ETF’s and global equity indices. The report starts with a review section that highlights the important chart developments on global equity benchmarks. Following the breakout alerts and the lengthy watch list, a section on correlation helps members to see the degree of relationship between the stocks and indices in the weekly report.
Below I'm sharing with you a sample report that was published on May 5, 2018. I hope this sample report will give you an idea of what to expect from the weekly Global Equity Markets report that Tech Charts Members receive.
REVIEW
Global equity markets is getting closer to a strong directional movement. Tight consolidations on both the iShares MSCI All Country World Index ETF and the iShares MSCI Emerging Markets Index ETF suggest breakouts can result in a trend period. Consolidations are followed by trends and vice versa. Both ACWI and EEM are trading above their long-term moving averages and inside the boundaries of multi-month long uptrend channels. Breakdown below the long-term averages and the lower boundary of trend channels can result in a larger scale correction. At this point, with the current available information, we can conclude that the long-term uptrend is still intact. We are very close to the completion of last quarter's tight consolidation.
RECTANGLE – A BREAKOUT OPPORTUNITY
Dear Tech Charts followers, I hope you have been enjoying the weekly blog posts on Global Equity Markets. The blog posts are part of many other great analysis and educational content Tech Charts membership offers. In celebration of our 1st anniversary and a very successful year, we’re offering everyone one last opportunity to get on board the […]
GLOBAL EQUITY MARKETS – May 26, 2018
Announcement:
Dear Tech Charts members,
It has been a successful year since the launch of Tech Charts membership service. I'd like to take this opportunity to thank you all for your support. I hope to build a long lasting relationship with all of our members and hope to serve you in the coming years. I'm excited and motivated to improve our membership service every year. Going forward, Tech Charts Global Equity Markets report will include Frontier Markets into its research universe. Tech Charts follows the MSCI classification for market research. Below is a table that shows MSCI classification for each market. Global Equity Markets report is highlighting developing opportunities in Developed and Emerging Markets. We are now adding Frontier Markets equities to our report. Please note that coverage of a specific market doesn't mean you will find every equity available in that specific market. Global Equity Markets report features selective number of opportunities only if the price chart has a well-defined and mature classical chart pattern.
We have received several requests to include educational videos that explains basic concepts in Technical Analysis. For our members who are new to classical charting principles and technical analysis, we are planning to add new video tutorials. New educational videos on classical chart patterns are being produced as well.
As usual, please feel free to ask questions, send charts for discussions and feedback on any matter regarding your membership service.
I look forward to another great year.
REVIEW
Global equity markets remain in an uptrend. The iShares MSCI All Country World Index ETF is trading above its long-term average. Over the past 2 years the ETF has been moving in an upward trend channel. However, past 4 month's price action is now becoming more clear as a sideways consolidation. The ACWI ETF is possibly forming a 4 month-long symmetrical triangle with the upper boundary acting as resistance at 73.9 and support at 71.2 levels. Until the recent consolidation is resolved in one direction we will expect more choppy price action. A breakdown will confirm the 4 month-long symmetrical triangle as a bearish continuation chart pattern. Such price action will also take out the lower boundary of the trend channel and the 200-day (40 week) moving average and suggest lower prices. A decisive break above 73.90 levels will keep the long-term uptrend intact and push the ACWI ETF towards 77-78 area (previous high).
In Association with:
Latest Posts
CRYPTOCURRENCIES – March 16, 2026March 16, 2026 - 5:55 pm
GLOBAL EQUITY MARKETS – March 14, 2026March 14, 2026 - 5:30 am
GLOBAL EQUITY MARKETS – March 7, 2026March 7, 2026 - 11:43 am
GLOBAL EQUITY MARKETS – February 28, 2026February 28, 2026 - 11:31 am
As Seen On:
