GLOBAL EQUITY MARKETS – July 26, 2025

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REVIEW

The benchmark for the Global equity markets performance, the iShares MSCI All Country World Index ETF (ACWI.O) did a round trip after the sharp sell-off and reached its all-time highs around 123.5 levels. The fact that the ETF cleared its 200-day average and moved significantly above it can be analyzed long-term positive as pullbacks and consolidations are likely to find support above the 200-day. After clearing the horizontal resistance at 123.5 and the minor high at 127 levels, 123.5-127 area will act as support during any pullback. The ETF completed a short-term bullish flag that is acting as a continuation chart pattern. Outlook is positive for Global Equities. The ETF is resuming higher. Short-term support stands at 130 levels.

 

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PINE SCRIPT CODE FOR ATR TRAILING STOP-LOSS

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Several years ago I came across a website as I was searching for coding a trailing stop-loss on MetaStock. A website called Trader Nexus helped me to better understand what a Chandelier Exit is with several great examples and some sort of a plug in DLL specifically designed for MetaStock formula language. Over the years I made some modifications to the ATR based trailing stop-loss.

Recently I spent couple of long hours on Trading View to understand and formulate the similar ATR based trailing stop by using their formula language, pine script. I think I was able to plot the indicator and I’m sharing it here with out members. I plan to integrate more and more Trading View functionalities to Tech Charts reports and website.

If you are interested in giving the platform a try here is your discounted link (Try Trading View with an initial discount)

I named it Simplified ATR Trailing Stop because so much more can be done with it by adding different calculations, such as price projections based on the initial risk etc. I will continue to build on this in the following posts. Let’s look at the below box for parameters.

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CRYPTOCURRENCIES – July 20, 2025

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BTCUSD cleared the upper boundary of its possible H&S continuation to new all-time highs. ETH starts outperforming BTC in the short-term, re-test of previous lows can form a possible double bottom on the ratio.

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GLOBAL EQUITY MARKETS – July 19, 2025

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REVIEW

The benchmark for the Global equity markets performance, the iShares MSCI All Country World Index ETF (ACWI.O) did a round trip after the sharp sell-off and reached its all-time highs around 123.5 levels. The fact that the ETF cleared its 200-day average and moved significantly above it can be analyzed long-term positive as pullbacks and consolidations are likely to find support above the 200-day. After clearing the horizontal resistance at 123.5 and the minor high at 127 levels, 123.5-127 area will act as support during any pullback. The ETF is possibly forming a short-term bullish flag that can act as a continuation chart pattern. Outlook is positive for Global Equities. The ETF is resuming higher.

 

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GLOBAL EQUITY MARKETS – July 12, 2025

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REVIEW

The benchmark for the Global equity markets performance, the iShares MSCI All Country World Index ETF (ACWI.O) did a round trip after the sharp sell-off and reached its all-time highs around 123.5 levels. The fact that the ETF cleared its 200-day average and moved significantly above it can be analyzed long-term positive as pullbacks and consolidations are likely to find support above the 200-day. After clearing the horizontal resistance at 123.5 and the minor high at 127 levels, 123.5-127 area will act as support during any pullback. Outlook is positive for Global Equities. The ETF is resuming higher.

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BREAKOUT ROOM July 8, 2025 – LIVE MEETING, CHARTS Q&A (Recording)

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BREAKOUT ROOM July 8, 2025 – LIVE MEETING, CHARTS Q&A (Recording)

Meeting Outline

  • Q&A on charts of your interest

Tech Charts Members,

This is our third Breakout Room meeting to discuss chart of your interest. I will share my screen and will pull up chart of your request and review patterns and opportunities from the perspective of classical charting principles. Transcription available as well.

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BREAKOUT ROOM TUESDAY 8th of July 9:00 AM EST – LIVE MEETING, CHARTS Q&A

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BREAKOUT ROOM Tuesday 8th of July 9:00 AM EST – LIVE MEETING, CHARTS Q&A

Meeting Outline

  • Q&A on charts of your interest

Tech Charts Members,

This is our third Breakout Room meeting to discuss chart of your interest. I will share my screen and will pull up chart of your request and review patterns and opportunities from the perspective of classical charting principles. The first two meetings were success and we got the chance to review so much. I hope this time as well we will cover as many charts and questions as possible.

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CRYPTOCURRENCIES – July 6, 2025

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BTCUSD rebounded from the short-term support at 101.5K. Once again price is at the upper boundary of its possible H&S continuation. ETH starts outperforming BTC in the short-term, re-test of previous lows can form a possible double bottom on the ratio.

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GLOBAL EQUITY MARKETS – July 5, 2025

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REVIEW

The benchmark for the Global equity markets performance, the iShares MSCI All Country World Index ETF (ACWI.O) did a round trip after the sharp sell-off and reached its all-time highs around 124 levels. The fact that the ETF cleared its 200-day average and moved significantly above it can be analyzed long-term positive as pullbacks and consolidations are likely to find support above the 200-day. After clearing the horizontal resistance at 124 and the minor high at 127 levels, 124-127 area will act as support during any pullback. Outlook is positive for Global Equities. The ETF is resuming higher.

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GLOBAL EQUITY MARKETS – June 28, 2025

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REVIEW

The benchmark for the Global equity markets performance, the iShares MSCI All Country World Index ETF (ACWI.O) did a round trip after the sharp sell-off and reached its all-time highs around 124 levels. The fact that the ETF cleared its 200-day average and moved significantly above it can be analyzed long-term positive as pullbacks and consolidations are likely to find support above the 200-day. After clearing the horizontal resistance at 124, 120-124 area acts as support during any pullback. Outlook is positive for Global Equities. Short pullback towards 124 levels found support at the horizontal boundary. The ETF is resuming higher.

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