Live Webinar and Q&A with Aksel – Thursday, September 22, 8:30 am mountain

/3 Comments/in /by
Dear Tech Charts Members, We are continuing our Member webinar series with chart pattern reliability and how the latest market conditions have impacted success rates on different chart patterns. We plan to have an interactive session and an open discussion to answer members' questions on different markets and specific charts of interest. Please send your charts and questions to aksel@techcharts.net, and I will add them to the webinar discussion points. Scheduled for: Thursday, September 22, 8:30 am mountain (register below) Read More

GLOBAL EQUITY MARKETS – September 17, 2022

/0 Comments/in /by

REVIEW

The benchmark for the Global equity markets performance, the iShares MSCI All Country World Index ETF (ACWI.O) remains below its 200-day average which is acting as resistance at 92.3 levels. I've been discussing the possibility of a higher low and a H&S bottom reversal. With right shoulder becoming more and more extended towards the low at 81.4 levels, the probability of a H&S bottom has reduced.   We have a wide trading range between 81.4 and 92.3 levels. Chart pattern is possibly morphing. Short-term support is at 81.4 levels.

  Read More

CRYPTOCURRENCIES – September 11, 2022

/0 Comments/in /by

I'm seeing better defined setups in altcoins than BTC and ETH in the cryptocurrencies. Those altcoins can offer breakouts/breakdowns that can offer trend periods in the coming weeks. In this report we review those setups and the levels for breakouts. Read More