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 […]
The benchmark for the Global equity markets performance, the iShares MSCI All Country World Index ETF (ACWI.O) failed to clear its minor high at 77.4 levels. Last three month's price action can be identified as a rising channel. Price is trying to remain inside the trend channel and so far the price remained above the 200-day average. 77.4 levels acted as short-term resistance. Uptrend is intact. The 200-day moving average is support at 72.8 levels. Breakdown below the lower boundary of possible trend channel can result in a pullback towards the 200-day average at 72.8 levels.
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 […]
The benchmark for the Global equity markets performance, the iShares MSCI All Country World Index ETF (ACWI.O) is testing its minor high at 77.4 levels. Last three month's price action can be identified as a rising channel. Price is trying to remain inside the trend channel and so far the price remained above the 200-day average. 77.4 levels will act as short-term resistance. Uptrend is intact. The 200-day moving average is support at 72.6 levels.
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 […]
The benchmark for the Global equity markets performance, the iShares MSCI All Country World Index ETF (ACWI.O) rebounded from its 200-day moving average that was acting as support at 72.4 levels. Last two month's price action can be identified as a rising channel. Price is trying to remain inside the trend channel and so far the price remained above the 200-day average. The ETF cleared the minor high at 75.3. The next short-term resistance stands at 77.4 levels. Uptrend is intact.
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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 […]
The benchmark for the Global equity markets performance, the iShares MSCI All Country World Index ETF (ACWI.O) rebounded from its 200-day moving average that was acting as support at 72.1 levels. Last two month's price action can be identified as a rising channel. Price can remain inside the trend channel. Both the lower boundary of the trend channel and the 200-day average were forming support around the same area. So far the price remained above the 200-day average. Thursday's price action found resistance at the minor high at 75.3 levels. Breakout above the minor high at 75.3 can resume the uptrend. Failure to breakout above the short-term resistance can result in a sideways trading range between 72.1 and 75.3.
The benchmark for the Global equity markets performance, the iShares MSCI All Country World Index ETF (ACWI.O) pulled back to its 200-day moving average that was acting as support at 72.1 levels. Last two month's price action can be identified as a rising channel. Price can remain inside the trend channel. Both the lower boundary of the trend channel and the 200-day average are forming support around the same area. For bullish interpretation to remain intact, price should stabilize above the 200-day average.
