In April 2018, I was invited to share my experiences in charting the Middle East and Africa equity markets at the Dubai Traders Summit. The event was not recorded. I wanted to make this presentation available for our members so I recorded this educational video, featuring parts of the presentation I shared at the event. This section focuses on Rectangle examples. I hope you will find it valuable.
In April 2018, I was invited to share my experiences in charting the Middle East and Africa equity markets at the Dubai Traders Summit. The event was not recorded. I wanted to make this presentation available for our members so I recorded this educational video, featuring parts of the presentation I shared at the event. This section focuses on Rectangle examples. I hope you will find it valuable.
We are seeing a decoupling in terms of performance in the Global Equity Markets. Developed markets continue to remain strong whereas Emerging markets start to weaken. The charts below show both the iShares MSCI All Country World Index ETF and the iShares MSCI Emerging Markets Index ETF in a steady uptrend. However, over the past few weeks, the iShares MSCI All Country World Index ETF managed to rebound from its long-term average but the iShares MSCI Emerging Markets Index ETF struggled around the strong support area. Failure to recover from strong support area can result in a breakdown and larger scale correction for the Emerging Markets. The iShares MSCI Emerging Markets Index ETF is testing the 200-day (40 week) moving average.
As part of our member webinars, on the 8th of March 2018 we recorded a live webinar discussing ascending triangle patterns. During the Q&A session one of the Tech Charts members asked this question, “If I’m new to classical charting, what should I do to learn how to identify each pattern?”
We have prepared an excerpt from the webinar. I hope that it will add value in your learning experience. Educational Videos section is expanding rapidly. In the following months we plan not only more educational tutorials on Classical Charting Principles but also videos on the fine points of Technical Analysis.
Both Members and Non-Members are invited to join us for the public webinar on Thursday, May 17, 11am mountain: Tech Charts Year in Review. I will compare the before and after of charts shared with Members over the last year and go through some of the developing chart setups on equities and Global indices. I will also discuss some statistics on chart pattern reliability. As always, we’ll end the webinar with a live Q&A.
If you have any questions you’d like to submit, please send them to us via the “Contact” link under Support on our website.
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 and emerging 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 a recent breakout opportunity in European equity ETF listed on the NYSE.
Global equities experienced renewed strength during the week. Weekly candles on both the iShares MSCI All Country World Index ETF and the iShares MSCI Emerging Markets Index ETF opened at the lowest and closed at the highest point suggesting buyers domination throughout the week. ACWI ETF is breaking out of its 4 month-long tight consolidation. The benchmark for Global equity markets performance has been in a steady uptrend. Recent tight consolidation took place above the long-term average and the lower boundary of its 2 year-long trend channel. The iShares MSCI Emerging Markets Index weighed down by U.S. Dollar strength, still managed to hold on to its 200 day (40 week) average and rebounded from the lower boundary of its 2 year-long uptrend. Both ETFs are in a steady uptrend.
Both Members and Non-Members are invited to join us for this public webinar: Tech Charts Year in Review. Aksel will compare the before and after of charts shared with Members over the last year and go through some of the developing chart setups on equities and Global indices. As always, we’ll end the webinar with a live Q&A.
If you have any questions you’d like to submit, please send them to us via the “Contact” link under Support on our website.
In April 2018, I was invited to share my experiences in charting the Middle East and Africa equity markets at the Dubai Traders Summit. The event was not recorded. I wanted to make this presentation available for our members so I recorded this educational video, featuring parts of the presentation I shared at the event. This section focuses on H&S bottom examples. I hope you will find it valuable.
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 and emerging 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 a recent breakout opportunity in U.S. equities from the Breakout Alerts section of the latest weekly Global Equity Markets report. Also below you will find a free educational video on cup & handle classical chart pattern.
Several Tech Charts members asked if the Dubai Traders Seminar presentation will be recorded and made available on Tech Charts website. Unfortunately the seminar was not recorded by the organizer. However, I will make this presentation available to our members via short educational videos in the following days/weeks. Each part of the presentation will address specific chart pattern examples presented in separate videos and will be archived under Educational Videos.
Global equity markets is getting closer to a strong directional movement. Tight consolidations on both the iShares MSCI All Country World Index ETF and the iShares MSCI Emerging Markets Index ETF suggest breakouts can result in a trend period. Consolidations are followed by trends and vice versa. Both ACWI and EEM are trading above their long-term moving averages and inside the boundaries of multi-month long uptrend channels. Breakdown below the long-term averages and the lower boundary of trend channels can result in a larger scale correction. At this point, with the current available information, we can conclude that the long-term uptrend is still intact. We are very close to the completion of last quarter’s tight consolidation.
