CRYPTOCURRENCIES – February 6, 2022

In this report I'm adding more range-trading opportunities. There are several pairs that are testing strong support areas. Those can experience rebounds. Charts are mostly on weekly scale.

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GLOBAL EQUITY MARKETS – February 5, 2022

REVIEW


The benchmark for the Global equity markets performance, the iShares MSCI All Country World Index ETF (ACWI.O) is looking for direction around the 200-day average. The ETF recovered above 99 levels but still hasn't settled above the 200-day average. Latest price action changed my positive view on this ETF. 99-101.2 is the new resistance. Unless we see a quick recovery above this resistance area, I will expect lower prices in the coming weeks.

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GLOBAL EQUITY MARKETS – January 29, 2022

REVIEW


The benchmark for the Global equity markets performance, the iShares MSCI All Country World Index ETF (ACWI.O) not only breached the 200-day average but also broke down the horizontal support at 99 levels. Latest price action changed my positive view on this ETF. 99-101.2 area becomes the resistance. Unless we see a quick recovery above this resistance area, I will expect lower prices in the coming weeks.

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GLOBAL EQUITY MARKETS – January 22, 2022

REVIEW


The benchmark for the Global equity markets performance, the iShares MSCI All Country World Index ETF (ACWI.O) is in an uptrend. The ETF found resistance at the minor high at 107.5. Friday's price action breached the 200-day average but still remains above the horizontal support at 99 levels. Breakdown below 99 will change my positive view on this ETF. I will monitor ACWI ETF in the following week to see if price will quickly recover above the 200-day average and remain in trading range between 99 and 107.5. Note; price is resting above the upper boundary of the trend channel on weekly scale price chart. Breakdown can result in a lager scale correction.

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CRYPTOCURRENCIES – January 16, 2022

BTCUSD is trying to hold support at 41K. Failure to gain strength can result in some selling pressure in several other pairs. In this report I discussed two of my favorite, text-book descending triangle setups as well as some range-trading opportunities with bullish breakout setups.

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GLOBAL EQUITY MARKETS – January 15, 2022

REVIEW


The benchmark for the Global equity markets performance, the iShares MSCI All Country World Index ETF (ACWI.O) is in an uptrend. The ETF found resistance at the minor high at 107.5. Price is consolidating between the 200-day average at 101.2 and the resistance at 107.5 levels. There is no top reversal chart pattern on both daily and weekly scale price charts.

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GLOBAL EQUITY MARKETS – January 8, 2022

REVIEW


The benchmark for the Global equity markets performance, the iShares MSCI All Country World Index ETF (ACWI.O) is in an uptrend. The ETF found resistance at the minor high at 107.5. Price is pulling back to the 200-day average at 101 levels Strong support area remains between 99 and 101. Resistance is at 107.5. No reversal chart pattern on both daily and weekly scale price charts.

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CRYPTOCURRENCIES – January 2, 2022

Several pairs are showing signs of outperformance against BTC. Following charts are some that can complete well-defined consolidations and offer directional movement. The first chart is against USD and one of my favorite setup. Breakout from the text-book rectangle can offer significant upside potential.

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GLOBAL EQUITY MARKETS – January 1, 2022

Dear Tech Charts Members,

Another year is behind us. I want to take this opportunity to Thank you all for being part of Tech Charts community. As I shared knowledge with our members, I have learned a lot form our communications. It is definitely not a one way journey. Give and take... Like in every other part of life. Constructing ideas, putting them to test, being responsible to communicate them clearly, keeping track of statistics, getting feedback from many of you has added tremendous value over the past 5 years. I'm grateful for having you as members and part of our community. I look forward to serving you in the New Year with great chart pattern ideas, educational videos and with many more new interactive communications.

I wish you all a healthy and successful New Year.

Regards, Aksel Kibar, CMT

REVIEW


The benchmark for the Global equity markets performance, the iShares MSCI All Country World Index ETF (ACWI.O) is in an uptrend. The ETF pulled back towards the long-term average at 100.8 levels and rebounded. Strong support area remains between 99 and 100.8. On the weekly scale price chart, the upper boundary of the trend channel formed support around the same level with the 200-day average. Breakdown below the long-term average can change the outlook to negative on ACWI ETF. Previous minor high at 107.5 will act as resistance in the following days.

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GLOBAL EQUITY MARKETS – December 25, 2021

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