Archive for category: Premium

REVIEW

The benchmark for the Global equity markets performance, the iShares MSCI All Country World Index ETF (ACWI.O) cleared the horizontal resistance at 116.7 levels and possibly completed a 2 month-long cup & handle continuation with a price target of 128 levels. Strong support area for ACWI ETF is between 112.33 and 116.7. Short-term support is the horizontal pattern boundary at 116.7 levels. Uptrend is intact. Strong rebound from support could not materialize into a directional move. The ETF continues to remain sideways above the horizontal support at 116.7 levels.

REVIEW

The benchmark for the Global equity markets performance, the iShares MSCI All Country World Index ETF (ACWI.O) cleared the horizontal resistance at 116.7 levels and possibly completed a 2 month-long cup & handle continuation with a price target of 128 levels. Strong support area for ACWI ETF is between 111.93 and 116.7. Short-term support is the horizontal pattern boundary at 116.7 levels. Uptrend is intact. The ETF experienced a short-term pullback now followed by a strong rebound and continuation of the existing uptrend.

REVIEW

The benchmark for the Global equity markets performance, the iShares MSCI All Country World Index ETF (ACWI.O) cleared the horizontal resistance at 116.7 levels and possibly completed a 2 month-long cup & handle continuation with a price target of 128 levels. Strong support area for ACWI ETF is between 111.52 and 116.7. Short-term support is the horizontal pattern boundary at 116.7 levels. Uptrend is intact. The ETF is experiencing a short-term setback. Failure to hold above the horizontal support can result in a sharp correction towards the 200-day average. In the short-term the ETF might be completing a month-long H&S top which can be the driver of the immediate weakness towards the 200-day average.

REVIEW

The benchmark for the Global equity markets performance, the iShares MSCI All Country World Index ETF (ACWI.O) cleared the horizontal resistance at 116.7 levels and possibly completed a 2 month-long cup & handle continuation with a price target of 128 levels. Strong support area for ACWI ETF is between 111.17 and 116.7. Short-term support is the horizontal pattern boundary at 116.7 levels. Uptrend is intact. The ETF can experience short-term setbacks. Failure to hold above the horizontal support can result in a sharp correction towards the 200-day average.

BTCUSD holding the year-long (52 week) average. Price is still above the year-long average and should be considered to be in an uptrend. A re-test of 73.7K will be very bullish for the pair. ETHUSD is having difficulty below its support at 2,800 levels. ETHBTC slipped below support at 0.05 levels. Breakdown below the horizontal support is resulting in ETH underperformance. Read More