Archive for category: Premium

REVIEW

The benchmark for the Global equity markets performance, the iShares MSCI All Country World Index ETF (ACWI.O) cleared its short-term horizontal resistance (90.1) after holding above the 200-day average. 90.1 acted as the possible neckline of a H&S continuation. It is important for the equity benchmark to hold above its 200-day average and the neckline between 88.49 and 90.1 levels. H&S continuation price target stands at 96 levels. This week's price action can act as a pullback to the broken neckline. This is now the second test of the neckline over the past 2 weeks.

Rectangles are acting as bottom reversals and helping many crypto pairs to rebound from oversold levels. There are more setups and developing chart patterns. I discuss those in this week's special cryptocurrency report.

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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 during the week and is worth bringing to your attention before the week finalizes. Below are the latest additions to Tech Charts watchlist. These charts will also be included in the weekly update.

Rectangles are acting as bottom reversals and helping many crypto pairs to rebound from oversold levels. There are more setups and developing chart patterns. I discuss those in this week's special cryptocurrency report.

Read More

REVIEW

The benchmark for the Global equity markets performance, the iShares MSCI All Country World Index ETF (ACWI.O) is trying to reverse above its long-term 200-day average. 88-90.1 area will act as short-term resistance. Breakout above this area will possibly reverse the existing downtrend. Recovery above the long-term average will signal a new uptrend for Global Equities. I still want to see few more daily closes above the 200-day and a stability above the average.