Archive for category: Premium

Several crypto currency pairs have completed short-term consolidations on the upside. Volatility was low. These short-term consolidations acted as bottom reversals. Previous resistance levels acted as support and they remain as critical levels to manage risk. In this update I'm reviewing several pairs that formed short-term consolidations after their breakouts. Those short-term consolidations can act as bullish continuation chart patterns; flag or pennant chart patterns. Read More

Several crypto currency pairs have completed short-term consolidations on the upside. Volatility was low. These short-term consolidations acted as bottom reversals. Previous resistance levels acted as support and they remain as critical levels to manage risk. In this update I'm adding two new breakout opportunities, though they are short-term chart patterns. On other pairs I'm reviewing existing price targets and recent price action. Read More

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The benchmark for the Global equity markets performance, the iShares MSCI All Country World Index ETF (ACWI.O) is in an upward sloping channel. The lower boundary of the channel is forming support at 99.5 levels. Support area remains between 95.3 and 99.5 levels. There is no clear top reversal chart pattern on daily and weekly scale price charts. The ETF is close to the upper boundary of the trend channel on daily scale price chart.

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. These charts will also be included in the weekly update.

REVIEW

The benchmark for the Global equity markets performance, the iShares MSCI All Country World Index ETF (ACWI.O) reached its price target measured by the symmetrical triangle. Last 3 month's price action was a choppy uptrend. The ETF is in an upward sloping channel. The lower boundary of the channel is forming support at 99.5 levels. Support area remains between 95 and 99.5 levels. There is no clear top reversal chart pattern on daily and weekly scale price charts. The ETF is close to the upper boundary of the trend channel on daily scale price chart.