Archive for category: Premium

REVIEW

The benchmark for the Global equity markets performance, the iShares MSCI All Country World Index ETF (ACWI.O) rebounded strongly from support area between 116.03 and 116.7. The breach above 120.3 levels resulted in a H&S top failure and now resuming the uptrend. 123.58 acted as the next short-term resistance. Uptrend is intact in Global Equities. Weakness towards the 200-day average and the horizontal support at 116.7 levels can increase the probability of a double top reversal.

REVIEW

The benchmark for the Global equity markets performance, the iShares MSCI All Country World Index ETF (ACWI.O) rebounded strongly from support area between 116.03 and 116.7. The breach above 120.3 levels resulted in a H&S top failure and now resuming the uptrend. 123.58 will act as the next short-term resistance. Uptrend is intact in Global Equities. There is no top reversal chart pattern at this stage on daily scale price chart.

BTCUSD cleared the horizontal resistance at 73.7K to new all-time highs. Clear breakout signal from the broadening pattern on weekly scale. Price is consolidating earlier gains. A possible short-term consolidation is taking place between 109K and 91.2K. ETHUSD with possible H&S continuation in progress. Read More

REVIEW

The benchmark for the Global equity markets performance, the iShares MSCI All Country World Index ETF (ACWI.O) rebounded strongly from support area between 115.1 and 116.7. The breach above 120.3 levels resulted in a H&S top failure and now resuming the uptrend. 123.58 will act as the next short-term resistance. Uptrend is intact in Global Equities.

REVIEW

The benchmark for the Global equity markets performance, the iShares MSCI All Country World Index ETF (ACWI.O) rebounded strongly from support area between 114.6 and 116.7. One possibility is the developing H&S top if the support area is broken down. A breach above 120.3 levels can result in a H&S top failure and resume the uptrend. Breakdown of the support area (I would like to see a decisive close below the 200-day average to confirm the H&S top) can target 110.5 levels. For now price action looks like a reversion to mean similar to Aug 24. Continued consolidation above the year-long average can be a preparation for breakout higher.