Tech Charts Year in Review with Aksel – Thursday, May 29th, 830 am mountain

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Dear Tech Charts Members, Tech Charts Year in Review. Aksel will compare the before and after of charts shared with Members over the last year. As always, we'll end the webinar with a live Q&A. Scheduled for: Thursday, May 29, 2024, at 8:30 am mountain (register below) Tech Charts Year in Review – Year Eight
  • A study on Chart Pattern Reliability with the available sample data over the past year.
  • Statistically significant and reliable top 3 chart patterns, rectangle, ascending triangle and H&S continuation will be under review.
  • Detailed statistics on different types of breakouts.
  • The impact of different market cycles on chart pattern opportunities.
  • Live Q&A
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CRYPTOCURRENCIES – May 25, 2025

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BTCUSD tests the 109K horizontal resistance. Short consolidation below the resistance can form another bullish continuation chart pattern with potential higher price objectives. ETH starts outperforming BTC in the short-term.

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GLOBAL EQUITY MARKETS – May 24, 2025

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REVIEW

The benchmark for the Global equity markets performance, the iShares MSCI All Country World Index ETF (ACWI.O) did a round trip after the sharp sell-off and reached its all-time highs around 124 levels. The fact that the ETF cleared its 200-day average and moved significantly above it can be analyzed long-term positive as pullbacks and consolidations are likely to find support above the 200-day. I will monitor the ETF to see if it will stabilize above the long-term average in preparation of resuming higher. This can be the short breather after the ETF had a strong rebound. The breather if it forms a higher low above the long-term average in the form of a tight consolidation will increase the conviction on bullish setup, a possible H&S pattern with the neckline at 124 levels. 116.85-120 area will act as support during pullback. Outlook is positive for Global Equities.  

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GLOBAL EQUITY MARKETS – May 17, 2025

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REVIEW

The benchmark for the Global equity markets performance, the iShares MSCI All Country World Index ETF (ACWI.O) did a round trip after the sharp sell-off and reached its all-time highs around 124 levels. The fact that the ETF cleared its 200-day average and moved significantly above it can be analyzed long-term positive as pullbacks and consolidations are likely to find support above the 200-day. I will monitor the ETF to see if it will stabilize above the long-term average in preparation of resuming higher. One thing is clear the sharp rebound from the lows is due for a short breather. The breather if it forms a higher low above the long-term average in the form of a tight consolidation will increase the conviction on bullish setup, a possible H&S pattern with the neckline at 124 levels. Outlook is positive for Global Equities.  

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INTERIM UPDATE – May 16, 2025

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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 up during the week and is worth bringing to your attention before the week finalizes. Below are the latest additions to Tech Charts watchlist from U.S. equities that are close to breakout confirmation levels. The charts will be discussed in the weekend report as well.

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CRYPTOCURRENCIES – May 11, 2025

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BTCUSD cleared the horizontal resistance at 73.7K to new all-time highs. Clear breakout signal from the broadening pattern on weekly scale. Price rebounded from long-term average. Previous resistance at 73.7K continues to act as support. Breach of 91.2K puts the price back inside the consolidation range 91.2K-109K. Price targets 109K.

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GLOBAL EQUITY MARKETS – May 10, 2025

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REVIEW

The benchmark for the Global equity markets performance, the iShares MSCI All Country World Index ETF (ACWI.O) completed the consolidation as a double top with the latest breakdown below 115 levels. Double top price target was quickly met at 107.2 levels. The correction extended beyond the price objective. Rebound following news effect regarding Tariffs helped the ETF to fill the gap. The 200-day average becomes the new support. I will monitor the ETF to see if it will stabilize above the long-term average in preparation of resuming higher. One thing is clear the sharp rebound from the lows is due for a short breather. The breather if it forms a higher low above the long-term average in the form of a tight consolidation will increase the conviction on bullish setup, a possible H&S pattern. For now 120 levels acts as resistance.  

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GLOBAL EQUITY MARKETS – May 3, 2025

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REVIEW

The benchmark for the Global equity markets performance, the iShares MSCI All Country World Index ETF (ACWI.O) completed the consolidation as a double top with the latest breakdown below 115 levels. Double top price target was quickly met at 107.2 levels. The correction extended beyond the price objective. Rebound following news effect regarding Tariffs helped the ETF to fill the gap. With this week's strength the ETF recovered above the 115-116 resistance area. The 200-day average becomes the new support. I will monitor the ETF to see if it will stabilize above the long-term average in preparation of resuming higher. One think is clear the sharp rebound from the lows is due for a short breather.

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BREAKOUT ROOM April 30, 2025 – LIVE MEETING, CHARTS Q&A (Recording)

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BREAKOUT ROOM April 30, 2025 - LIVE MEETING, CHARTS Q&A (Recording)

Meeting Outline
  • Q&A on charts of your interest

Tech Charts Members,

This is our second Breakout Room meeting to discuss chart of your interest. I will share my screen and will pull up chart of your request and review patterns and opportunities from the perspective of classical charting principles. Transcription available as well.

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BREAKOUT ROOM WEDNESDAY 30th of April 9:00 AM EST – LIVE MEETING, CHARTS Q&A

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BREAKOUT ROOM Wednesday 30th of April 9:00 AM EST - LIVE MEETING, CHARTS Q&A

Meeting Outline
  • Q&A on charts of your interest

Tech Charts Members,

This is our second Breakout Room meeting to discuss chart of your interest. I will share my screen and will pull up chart of your request and review patterns and opportunities from the perspective of classical charting principles. The first meeting was a success and we got the chance to review so much. I hope this time as well we will cover as many charts and questions as possible.

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