JAPAN NIKKEI 225 INDEX (NKc1)

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, select commodities, cryptocurrencies and global equity indices. Below chart, Nikkei 225 Index futures is from the review section of the weekly report. It is featuring a possible ascending triangle continuation that is ready for breakout after several tests of pattern boundary.

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FRANCE CAC 40 INDEX (.FCHI)

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, select commodities, cryptocurrencies and global equity indices. Below chart, France CAC40 Index is from the review section of the weekly report. It is featuring a possible double bottom (rectangle) reversal that is ready for breakout after several tests of pattern boundary.

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ITALY FTSE MIBTEL INDEX (.MIBTEL)

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, select commodities, cryptocurrencies and global equity indices. Below chart, Italy FTSE MIBTEL Index is from the review section of the weekly report. It is featuring a possible H&S continuation setup that is ready for breakout after several tests of pattern boundary.

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RUSSELL 2000 INDEX (RUT)

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, select commodities, cryptocurrencies and global equity indices. Below chart, Russell 2000 Index is from the review section of the weekly report. It is featuring a possible ascending triangle setup that is completing after several tests of pattern boundary.

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BOYD GAMING CORP (BYD)

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, select commodities, cryptocurrencies and global equity indices. Below chart, Boyd Gaming Corporation is from the watchlist section of the weekly report. It is featuring a possible rectangle setup that can breakout to all-time highs.

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EXXON MOBIL CORP (XOM.N)

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, select commodities, cryptocurrencies and global equity indices. Below chart, Exxon Mobil Corporation is from the breakouts sections of the weekly report. It is featuring a possible rectangle breakout to all-time highs.

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META PLATFORMS INC (META.O)

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, select commodities, cryptocurrencies and global equity indices. Below chart, Meta Platforms, Inc. is from the breakouts sections of the weekly report. It is featuring a possible ascending triangle breakout to all-time highs.

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SIEMENS ENERGY AG (ENR1n.DE)

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, select commodities, cryptocurrencies and global equity indices. Below chart, SIEMENS ENERGY AG (ENR1n.DE) is from the watchlist sections of the weekly report. It is featuring a possible rectangle chart pattern that might act as a bullish continuation.

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SPDR S & P INTERNATIONAL DIVIDEND ETF (DWX)

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, select commodities, cryptocurrencies and global equity indices. Below chart, SPDR S & P INTERNATIONAL DIVIDEND ETF (DWX) is from the watchlist sections of the weekly report. The ETF is possibly forming 2 different H&S continuation chart patterns.

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CRYPTOCURRENCIES – May 26, 2024

BTCUSD is consolidating earlier gains below the strong resistance area between 65K - 68K. Breakout above the upper boundary of a rising trend channel started a runaway price movement towards the resistance area. 60K continues to be an important support and an inflection point. ETHUSD had a sharp rebound from 2,800 levels and kept the uptrend intact. ETHBTC chart rebounded from strong support area. Monitoring the pair for the month of May close. A strong close at current levels can reinitiate the trading range between 0.05 and 0.08 levels. Read More