The benchmark for the Global equity markets performance, the iShares MSCI All Country World Index ETF (ACWI.O) is resuming its uptrend after possibly completing a pullback to the symmetrical triangle. The upper boundary of a possible symmetrical triangle was breached at 95.9 levels. Symmetrical triangle price target stands at 102.7 levels. Price remains above the long-term average, confirming the uptrend.
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.
The benchmark for the Global equity markets performance, the iShares MSCI All Country World Index ETF (ACWI.O) is resuming its uptrend after possibly completing a pullback to the symmetrical triangle. The upper boundary of a possible symmetrical triangle was breached at 95.9 levels. Symmetrical triangle price target stands at 102.7 levels. Price remains above the long-term average, confirming the uptrend.
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 & EUROPE equities. These charts will also be included in the weekly update.
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 and global equity indices. The report starts with a review section that highlights the important chart developments on global equity benchmarks. This blog post features from the review section SILVER cash price.
After breaking above 19 levels in July 2020, Silver is consolidating and reverting back to its 200-day average. A strong support area can be identified between 21.8 and 25. The boundaries of the consolidation are 21.8 and 29.3. Price remains above the 200-day average and the trend is up. Breakout above the upper boundary at 29.3 can add momentum to the uptrend. If the consolidation completes on the upside, possible price target will be 37 levels. Failure to hold above the 200-day average can result in a re-test of the lower boundary at 21.8 levels. A possible short-term H&S bottom reversal completed above the 200-day average.
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The benchmark for the Global equity markets performance, the iShares MSCI All Country World Index ETF (ACWI.O) is resuming its uptrend after possibly completing a pullback to the symmetrical triangle. The upper boundary of a possible symmetrical triangle was breached at 95.9 levels. 95.9 will act as support during any pullback. Symmetrical triangle price target stands at 102.7 levels. Price remains above the long-term average, confirming the uptrend. Volatility is low and usually such conditions are followed by an increase in volatility and trend period. I’m monitoring the Global benchmark to see if the last 2 month’s sideways consolidation will become a bullish continuation pattern and resume the existing uptrend with a pick up in momentum.
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.
The benchmark for the Global equity markets performance, the iShares MSCI All Country World Index ETF (ACWI.O) is resuming its uptrend after possibly completing a pullback to the symmetrical triangle. The upper boundary of a possible symmetrical triangle was breached at 95.9 levels. 95.9 will act as support during any pullback. Symmetrical triangle price target stands at 102.7 levels. Price remains above the long-term average, confirming the uptrend.
Tech Charts Year in Review. Aksel compares the before and after of charts shared with Members over the last year followed by a live Q&A.
Tech Charts Year in Review – Year Four
Live questions from Members
Recorded live 05.20.21
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.
