Entries by Aksel Kibar

GLOBAL EQUITY MARKETS – June 19, 2021

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The benchmark for the Global equity markets performance, the iShares MSCI All Country World Index ETF (ACWI.O) experienced a setback without reaching the symmetrical triangle price target. The ETF continued to form higher highs and higher lows and this can be seen in steady uptrends. Symmetrical triangle price target stands at 102.7 levels. Price remains above the long-term average, confirming the uptrend. During any sharp pullback, the 200-day average at 92.1 and the previous minor low at 96.5 can form an area of support.

 

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GLOBAL EQUITY MARKETS – June 12, 2021

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The benchmark for the Global equity markets performance, the iShares MSCI All Country World Index ETF (ACWI.O) is resuming its uptrend after possibly completing a pullback to the symmetrical triangle. The upper boundary of a possible symmetrical triangle was breached at 95.9 levels. Symmetrical triangle price target stands at 102.7 levels. Price remains above the long-term average, confirming the uptrend.

 

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INTERIM UPDATE (AMERICAS) – June 9, 2021

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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. These charts will also be included in the weekly update.

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GLOBAL EQUITY MARKETS – June 5, 2021

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The benchmark for the Global equity markets performance, the iShares MSCI All Country World Index ETF (ACWI.O) is resuming its uptrend after possibly completing a pullback to the symmetrical triangle. The upper boundary of a possible symmetrical triangle was breached at 95.9 levels. Symmetrical triangle price target stands at 102.7 levels. Price remains above the long-term average, confirming the uptrend.

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INTERIM UPDATE (AMERICAS & EUROPE) – June 4, 2021

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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 & EUROPE equities. These charts will also be included in the weekly update.

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SILVER – RECTANGLE SETUP

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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 – May 29, 2021

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The benchmark for the Global equity markets performance, the iShares MSCI All Country World Index ETF (ACWI.O) is resuming its uptrend after possibly completing a pullback to the symmetrical triangle. The upper boundary of a possible symmetrical triangle was breached at 95.9 levels.  95.9 will act as support during any pullback. Symmetrical triangle price target stands at 102.7 levels. Price remains above the long-term average, confirming the uptrend. Volatility is low and usually such conditions are followed by an increase in volatility and trend period. I'm monitoring the Global benchmark to see if the last 2 month's sideways consolidation will become a bullish continuation pattern and resume the existing uptrend with a pick up in momentum.

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INTERIM UPDATE (AMERICAS) – May 28, 2021

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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. These charts will also be included in the weekly update.

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GLOBAL EQUITY MARKETS – May 22, 2021

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The benchmark for the Global equity markets performance, the iShares MSCI All Country World Index ETF (ACWI.O) is resuming its uptrend after possibly completing a pullback to the symmetrical triangle. The upper boundary of a possible symmetrical triangle was breached at 95.9 levels.  95.9 will act as support during any pullback. Symmetrical triangle price target stands at 102.7 levels. Price remains above the long-term average, confirming the uptrend.

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Tech Charts Year in Review with Aksel – May 2021

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Tech Charts Year in Review. Aksel compares the before and after of charts shared with Members over the last year followed by a live Q&A.

Tech Charts Year in Review – Year Four

  • A study on Chart Pattern Reliability with the available sample data over the past year.
  • Rectangle has been a reliable chart pattern with the H&S variations. Examples and studies on those reliable patterns.
  • Detailed statistics on different types of breakouts.
  • The impact of different market cycles on chart pattern opportunities.
  • Live Q&A

Live questions from Members

  1. Are there certain stocks (MSFT, GOOGL, etc.) that have a greater likelihood for Rectangles? 58:47
  2. When do you enter into position on breakout day? Near closing time at market price or enter into position as soon as breakout occurs during the day? 59:39 
  3. Do you consider volume or any other similar confirmation indicator on breakout day? 1:00:36
  4. If you see the momentum is getting weaker, do you have any exit strategy before stop-loss is triggered, or you only exit when SL is triggered, or target is achieved? 1:00:52 
  5. Do you have any pyramiding strategy when entering into position, or you enter full position on breakout day/level? 1:02:07
  6. Do you still buy/sell 3% from the boundary? Stop-loss on the boundary? 1:02:28
  7. What do you think about using of Fibonacci and also the using of it for reentry during long position in the type 3 and 4 breakout. 1:03:08
  8. Do you take profits when reaching target? Some stocks seem to keep running and that means giving up extra profits. 1:03:59
  9. Is the reentry point usually at the same level as the original breakout? 1:04:30
  10. Would you consider a set up in PEP as a possible two patterns 1) Rectangle and 2) cup and handle as well is FDX both H/S and cup and handle. 1:05:21
  11. What order types do you prefer? 1:05:51
  12. What risk/reward level you see most successful? 1:06:14
  13. On inverse H&S, I guess on H&S as well, your pattern negating level is sometimes too big to use as a stop loss, won't a stop loss just below the 200MA work better? 1:06:45 
  14. What was the gain-loss ratio during last year of your strategy? 1:07:18 
  15. Does it concern you to place a stop order. I have heard that the market makers will try and hit your stops. 1:07:58
  16. During a parabolic advance, the break of the parabola could mean an 80% correction. How do you draw the parabolas? Do you think BTC and ETH have broken their parabolas? 1:08:34
  17. Can Cup and Handle formation act as continuations, upward reversals or both? 1:09:08
  18. Do you care about the number of stock shares number and check the same fundamentals data? 1:09:42 

Recorded live 05.20.21

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