INTERIM UPDATE (OIL & GAS EQUIPMENTS) – February 12, 2021

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 is the latest addition to Tech Charts watchlist from  AMERICAS equities. In the weekly report you will find few more Energy, Oil & Gas setups. This one is a great setup and I want to bring it to your attention before the market closes. This chart will also be included in the weekly update.

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GLOBAL EQUITY MARKETS – February 6, 2021

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The benchmark for the Global equity markets performance, the iShares MSCI All Country World Index ETF (ACWI.O) had a short-term bear trap after breaching the lower boundary of the past 2 months uptrend at 92 levels. The ETF quickly recovered inside the trend channel and tested the minor high at 94.5 levels. The uptrend remains intact. It is important to note that price is at the upper boundary of the long-term trend channel, a possible resistance area. The 200-day moving average and the upper boundary of the previous short-term consolidation are forming support between 83.2 and 84.15 levels. Following week I will monitor how the ETF performs at the minor high. If it finds resistance at 94.5, it can retrace back to the minor low at 90 levels.

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GLOBAL EQUITY MARKETS – January 30, 2021

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The benchmark for the Global equity markets performance, the iShares MSCI All Country World Index ETF (ACWI.O) experienced its first short-term pullback breaking down the lower boundary of the past 2 months uptrend at 92 levels. While the long-term uptrend is intact, the Global benchmark might be entering into a reversion to the mean stage where we see price pulling back to the 200-day average. The long-term price chart found resistance at the upper boundary of the multi year-long trend channel. The 200-day moving average and the upper boundary of the previous short-term consolidation are forming support between 82.6 and 84.15 levels.

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GLOBAL EQUITY MARKETS – January 23, 2021

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The benchmark for the Global equity markets performance, the iShares MSCI All Country World Index ETF (ACWI.O) resumed its uptrend past the rectangle chart pattern price target at 91 levels.  On the weekly scale price chart of the ETF is also close to the upper boundary of the long-term uptrend channel. During any pullback 84.15 will act as support. The 200-day moving average, which I utilize as a trend filter, is rising as well, now at 82.1 levels. Uptrend is intact and there is no reversal chart pattern on daily scale price chart. The last 2 months uptrend formed a well-defined upward trend channel. The lower boundary can act as short-term support at 92 levels.

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INTERIM UPDATE (EUROPE & AMERICAS) – January 20, 2021

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 latest additions to Tech Charts watchlist from EUROPE & AMERICAS equities, in case they experience breakouts during the week. These charts will also be included in the weekly update.

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INTERIM UPDATE (MENA) – January 19, 2021

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 latest additions to Tech Charts watchlist from MENA equities, in case they experience breakouts during the week. These charts will also be included in the weekly update.

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GLOBAL EQUITY MARKETS – January 16, 2021

REVIEW


The benchmark for the Global equity markets performance, the iShares MSCI All Country World Index ETF (ACWI.O) resumed its uptrend past the rectangle chart pattern price target at 91 levels.  On the weekly scale price chart of the ETF is also close to the upper boundary of the long-term uptrend channel. During any pullback 84.15 will act as support. The 200-day moving average, which I utilize as a trend filter, is rising as well, now at 81.6 levels. Uptrend is intact and there is no reversal chart pattern on daily scale price chart. The last 2 months uptrend formed a well-defined upward trend channel. The lower boundary can act as short-term support at 91 levels.

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Morphology and Cup & Handle continuation

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INTERIM UPDATE (ASIA) – January 13, 2021

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 latest additions to Tech Charts watchlist from ASIA equities, in case they experience breakouts during the week. These charts will also be included in the weekly update.

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INTERIM UPDATE – January 13, 2021

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 latest additions to Tech Charts watchlist in case they experience breakouts during the week. These charts will also be included in the weekly update. I will send a separate interim update on Asia opportunities once those exchanges are closed.

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