ISHARES MSCI EMERGING MARKETS ETF – EEM

/0 Comments/in /by

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 IShares MSCI Emerging Markets ETF (EEM) listed on the New York Stock Exchange.

ISHARES MSCI EMERGING MARKETS ETF (EEM)

The benchmark for the Emerging Markets performance, the iShares MSCI Emerging Markets Index ETF (EEM) rebounded strongly from support at 51.7. The uptrend is intact with the ETF trading above its 200-day average. Support at 51.7 held and EEM might be forming a medium-term low. I’m monitoring the possibility of a minor H&S bottom reversal with the neckline standing at 54.7 levels. Breakout above 54.7 levels can target 57.7.

 

Tech Charts Membership

By becoming a Premium Member, you’ll be able to improve your knowledge of the principles of classical charting.

With this knowledge, you can merge them with your investing system. In fact, some investors use my analyses to modify their existing style to invest more efficiently and successfully.

Get Access Now

As a Premium Member of Aksel Kibar’s Tech Charts,

You will receive:

  • Global Equities Report. Delivered weekly.
  • Classical charting principles. Learn patterns and setups.
  • Actionable information. Worldwide indices and stocks of interest.
  • Risk management advice. The important trading points of each chart.
  • Information on breakout opportunities. Identify the ones you want to take action on.
  • Video tutorials. How patterns form and why they succeed or fail.
  • Watch list alerts. As they become available so you can act quickly.
  • Breakout alerts. Usually once a week.
  • Access to everything (now and as it becomes available)
    o Reports
    o Videos and video series
  • Multi-part webinar course. You learn the 8 most common charting principles.
  • Webinars. Actionable and timely advice on breaking out chart patterns.

For your convenience your membership auto renews each year.

Get Access Now

GLOBAL EQUITY MARKETS – April 17, 2021

/1 Comment/in /by

REVIEW

The benchmark for the Global equity markets performance, the iShares MSCI All Country World Index ETF (ACWI.O) is resuming its uptrend after completing the sideways consolidation, a symmetrical triangle. The upper boundary of a possible symmetrical triangle was breached at 95.9 levels. We can conclude that the uptrend is intact. Price objective stands at 102.7 levels.

Read more

INTERIM UPDATE (AMERICAS) – April 16, 2021

/0 Comments/in /by

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.

Read more

GLOBAL EQUITY MARKETS – April 10, 2021

/0 Comments/in /by

REVIEW

The benchmark for the Global equity markets performance, the iShares MSCI All Country World Index ETF (ACWI.O) possibly completed the sideways consolidation. The upper boundary of a possible symmetrical triangle was breached at 95.9 levels. We can conclude that the uptrend is intact. Breakout from the symmetrical triangle pushed the ETF towards the possible price objective at 102.7 levels.

Read more

INTERIM UPDATE (ASIA & EUROPE) – April 8, 2021

/1 Comment/in /by

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  EUROPE & ASIA equities. These charts will also be included in the weekly update.

Read more

ISHARES MSCI FRONTIER MARKETS ETF – FM

/0 Comments/in /by

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 IShares MSCI Frontier Markets ETF (FM) listed on the New York Stock Exchange.

ISHARES MSCI FRONTIER MARKETS ETF (FM)

Strength in Frontier market equities can be an indication of increasing risk appetite. When it is a risk on environment for equities, the spillover effect is usually from Developed to Emerging and Frontier market equities. Consistent uptrend in Frontier Market equities and the possibility of a fresh breakout can suggest continued positive trend for Global equity markets.

The benchmark for the Frontier equity markets performance, the iShares MSCI Frontier 100 ETF, is consolidating in a range between 28.77 and 30 levels. The well-defined consolidation range can act as a continuation chart pattern. Breakout above 30 levels can renew the strength for Frontier market equities. Several tests of pattern boundary can be followed by a reliable breakout. Possible chart pattern price target stands at 31.15 levels.

Top 10 holdings as of March 1st 2021

Country Allocation of the Frontier Markets ETF as of March 1st 2021

Industry Allocation of the Frontier Markets ETF as of March 1st 2021

Tech Charts Membership

By becoming a Premium Member, you’ll be able to improve your knowledge of the principles of classical charting.

With this knowledge, you can merge them with your investing system. In fact, some investors use my analyses to modify their existing style to invest more efficiently and successfully.

Get Access Now

As a Premium Member of Aksel Kibar’s Tech Charts,

You will receive:

  • Global Equities Report. Delivered weekly.
  • Classical charting principles. Learn patterns and setups.
  • Actionable information. Worldwide indices and stocks of interest.
  • Risk management advice. The important trading points of each chart.
  • Information on breakout opportunities. Identify the ones you want to take action on.
  • Video tutorials. How patterns form and why they succeed or fail.
  • Watch list alerts. As they become available so you can act quickly.
  • Breakout alerts. Usually once a week.
  • Access to everything (now and as it becomes available)
    o Reports
    o Videos and video series
  • Multi-part webinar course. You learn the 8 most common charting principles.
  • Webinars. Actionable and timely advice on breaking out chart patterns.

For your convenience your membership auto renews each year.

Get Access Now

GLOBAL EQUITY MARKETS – April 3, 2021

/0 Comments/in /by

REVIEW

The benchmark for the Global equity markets performance, the iShares MSCI All Country World Index ETF (ACWI.O) is forming a sideways consolidation. Thursday’s close challenged the upper boundary of a possible symmetrical triangle. We can conclude that the uptrend is intact. Breakout from the symmetrical triangle can push the ETF towards the possible price objective at 102.7 levels. As always the case with symmetrical triangles, the minor high will be a short-term hurdle.

Read more

GLOBAL EQUITY MARKETS – March 27, 2021

/6 Comments/in /by

REVIEW

The benchmark for the Global equity markets performance, the iShares MSCI All Country World Index ETF (ACWI.O) is forming a sideways consolidation. The rebound on Friday was strong. I’m thinking that the current consolidation can morph into a symmetrical triangle. We can conclude that the uptrend is intact. It is important to note that price is testing the upper boundary of a long-term trend channel, a possible resistance area.

Read more

2 BULLISH CHART PATTERNS – MMC

/0 Comments/in /by

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 watchlist section Marsh & McLennan Companies, Inc.

MARSH & MCLENNAN COMPANIES INC (MMC)

Marsh & McLennan Companies, Inc. is a professional services firm offering clients advice and solutions in risk, strategy and people. The Company is the parent company of various risk advisors and specialty consultants, including Marsh, the insurance broker; Guy Carpenter, the risk and reinsurance specialist; Mercer, the provider of human resource and investment related financial advice and services, and Oliver Wyman Group, the management and economic consultancy. The stock is listed on the New York Stock Exchange. Price chart formed a 3 month-long cup & handle continuation with the horizontal boundary acting as strong resistance at 120.00 levels. The horizontal boundary was tested several times over the course of the chart pattern. A daily close above 122.50 levels will confirm the breakout from the 3 month-long cup & handle continuation with the possible chart pattern price target of 133.00 levels. The cup & handle continuation is part of a larger scale ascending triangle that can complete at the same price level. (Data as of 26/03/2021, EST 9:30)

Tech Charts Membership

By becoming a Premium Member, you’ll be able to improve your knowledge of the principles of classical charting.

With this knowledge, you can merge them with your investing system. In fact, some investors use my analyses to modify their existing style to invest more efficiently and successfully.

Get Access Now

As a Premium Member of Aksel Kibar’s Tech Charts,

You will receive:

  • Global Equities Report. Delivered weekly.
  • Classical charting principles. Learn patterns and setups.
  • Actionable information. Worldwide indices and stocks of interest.
  • Risk management advice. The important trading points of each chart.
  • Information on breakout opportunities. Identify the ones you want to take action on.
  • Video tutorials. How patterns form and why they succeed or fail.
  • Watch list alerts. As they become available so you can act quickly.
  • Breakout alerts. Usually once a week.
  • Access to everything (now and as it becomes available)
    o Reports
    o Videos and video series
  • Multi-part webinar course. You learn the 8 most common charting principles.
  • Webinars. Actionable and timely advice on breaking out chart patterns.

For your convenience your membership auto renews each year.

Get Access Now

GLOBAL EQUITY MARKETS – March 20, 2021

/0 Comments/in /by

REVIEW

The benchmark for the Global equity markets performance, the iShares MSCI All Country World Index ETF (ACWI.O) rebounded from the minor low around 90.1 levels. There is a possibility of a H&S top forming at current levels that can be utilized in both directions. The possible right shoulder hasn’t formed yet so it is early to call this a H&S top. Right now we can conclude that the uptrend is intact. If price stalls at current levels and rolls over in the following weeks, then we will consider the possibility of a H&S top. It is important to note that price is testing the upper boundary of a long-term trend channel, a possible resistance area.

Read more