Entries by Aksel Kibar

GLOBAL EQUITY MARKETS – February 18, 2017

Energy prices are due for a strong directional movement after volatility reached extreme low levels. 2 month-long tight consolidation should end soon, possibly resulting in a sharp price movement. After breaking above 51.95 resistance, Brent Crude Oil entered in to a short-term sideways consolidation. Last 2 month's price action remained range bound between 52.50 and 56.10. Breakout above 56.10 will add further momentum to Brent Crude oil prices that are already in a uptrend for the past year.

BRENT CRUDE OIL - WEEKLY SCALE

BRENT CRUDE OIL - WEEKLY SCALE

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GLOBAL EQUITY MARKETS-11/02/2017

This week’s update highlights 3 major technical developments. These themes can be seen in the TECHCHARTSWATCHLIST and TECHCHARTSALERT. Russell 2000 Index is breaking out of its month-long flag continuation EUROPE STOXX 600 index is preparing for a breakout from its short-term consolidation HONG KONG & CHINA equities are gaining strength with clear breakout signals and […]

GLOBAL EQUITY MARKETS-21/01/2017

Every week I post the latest additions to the #TECHCHARTSWATCHLIST. Stocks that qualify to the watch list are those that have well-defined and mature chart patterns that are likely to resolve in a strong directional movement. Stocks that breakout from those well-defined chart patterns are brought to your attention under the #TECHCHARTSALERT. Both the watch list […]

DJIA, RUSSELL 2000, ACWI

This was another strong week for global equities. Both MSCI ALL COUNTRIES WORLD INDEX and MSCI EMERGING MARKETS INDEX finished the week with strong weekly candlesticks, opening at the lower end and closing at the highest level for the week. ISHARES MSCI ALL COUNTRIES WORLD INDEX ETF (ACWI.O) The MSCI ACWI captures large and mid […]

CENTRAL EUROPE, RUSSIA & TURKEY

CENTRAL EUROPE, RUSSIA & TURKEY (CEE) CEE is a closed-end fund listed in the NYSE. The fund seeks long-term capital appreciation through investment primarily in equity or equity linked securities of issuers domiciled in Central Europe, Russia and Turkey. A new chart pattern breakout signal is triggered with a strong weekly close on CEE. Price […]