CRYPTOCURRENCIES – October 27, 2024

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BTCUSD holding the year-long (52 week) average. Price is still above the year-long average and should be considered to be in an uptrend. A re-test of 73.7K will be very bullish for the pair. ETHUSD is having difficulty below its support at 2,800 levels. Possible symmetrical triangle can act as a bearish continuation if we see further weakness below 2,100 levels. ETHBTC slipped below support at 0.05 levels. Breakdown below the horizontal support is resulting in ETH underperformance.
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BOYD GAMING CORP (BYD)

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Every week Tech Charts Global Equity Markets report features some of the well-defined, mature classical chart patterns under a lengthy watchlist and the chart pattern breakout signals that took place during that week. Global Equity Markets report covers single stocks from developed, emerging and frontier markets, ETF’s, select commodities, cryptocurrencies and global equity indices. Below chart, Boyd Gaming Corporation is from the watchlist section of the weekly report. It is featuring a possible rectangle setup that can breakout to all-time highs.

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GLOBAL EQUITY MARKETS – October 26, 2024

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REVIEW

The benchmark for the Global equity markets performance, the iShares MSCI All Country World Index ETF (ACWI.O) cleared the horizontal resistance at 116.7 levels and possibly completed a 2 month-long cup & handle continuation with a price target of 128 levels. Strong support area for ACWI ETF is between 111.17 and 116.7. Short-term support is the horizontal pattern boundary at 116.7 levels. Uptrend is intact. The ETF can experience short-term setbacks. Failure to hold above the horizontal support can result in a sharp correction towards the 200-day average.

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GLOBAL EQUITY MARKETS – October 19, 2024

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REVIEW

The benchmark for the Global equity markets performance, the iShares MSCI All Country World Index ETF (ACWI.O) cleared the horizontal resistance at 116.7 levels and possibly completed a 2 month-long cup & handle continuation with a price target of 128 levels. Strong support area for ACWI ETF is between 110.45 and 110.27 Short-term support is the horizontal pattern boundary at 116.7 levels. Uptrend is intact. The ETF can experience short-term setbacks.

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CRYPTOCURRENCIES – October 13, 2024

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BTCUSD holding the year-long (52 week) average. Price is still above the year-long average and should be considered to be in an uptrend. A re-test of 73.7K will be very bullish for the pair. ETHUSD is having difficulty below its support at 2,800 levels. ETHBTC slipped below support at 0.05 levels. Breakdown below the horizontal support is resulting in ETH underperformance.
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GLOBAL EQUITY MARKETS – October 12, 2024

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REVIEW

The benchmark for the Global equity markets performance, the iShares MSCI All Country World Index ETF (ACWI.O) cleared the horizontal resistance at 116.7 levels and possibly completed a 2 month-long cup & handle continuation with a price target of 128 levels. Strong support area for ACWI ETF is between 110.45 and 110.27 Short-term support is the horizontal pattern boundary at 116.7 levels. Uptrend is intact. The ETF can experience short-term setbacks.

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EXXON MOBIL CORP (XOM.N)

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Every week Tech Charts Global Equity Markets report features some of the well-defined, mature classical chart patterns under a lengthy watchlist and the chart pattern breakout signals that took place during that week. Global Equity Markets report covers single stocks from developed, emerging and frontier markets, ETF’s, select commodities, cryptocurrencies and global equity indices. Below chart, Exxon Mobil Corporation is from the breakouts sections of the weekly report. It is featuring a possible rectangle breakout to all-time highs.

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GLOBAL EQUITY MARKETS – October 5, 2024

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REVIEW

The benchmark for the Global equity markets performance, the iShares MSCI All Country World Index ETF (ACWI.O) cleared the horizontal resistance at 116.7 levels and possibly completed a 2 month-long cup & handle continuation with a price target of 128 levels. Strong support area for ACWI ETF is between 110.45 and 109.8. Short-term support is the horizontal pattern boundary at 116.7 levels. Uptrend is intact. The ETF can experience short-term setbacks.

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CRYPTOCURRENCIES – September 29, 2024

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BTCUSD holding the year-long (52 week) average. Price is still above the year-long average and should be considered to be in an uptrend. A re-test of 73.7K will be very bullish for the pair. ETHUSD is having difficulty below its support at 2,800 levels. ETHBTC slipped below support at 0.05 levels. Breakdown below the horizontal support is resulting in ETH underperformance.
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GLOBAL EQUITY MARKETS – September 28, 2024

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REVIEW

The benchmark for the Global equity markets performance, the iShares MSCI All Country World Index ETF (ACWI.O) cleared the horizontal resistance at 116.7 levels and possibly completed a 2 month-long cup & handle continuation with a price target of 128 levels. Strong support area for ACWI ETF is between 110.45 and 108.83. Short-term support is the horizontal pattern boundary at 116.7 levels. Uptrend is intact. The ETF can experience short-term setbacks.

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