GLOBAL EQUITY MARKETS – April 9, 2022
REVIEW
The benchmark for the Global equity markets performance, the iShares MSCI All Country World Index ETF (ACWI.O) is consolidating around its 200-day average. To get bullish on Global Equities, I want to see the ETF clearing the 200-day average and settling above it. Until that happens I will view this as a counter trend rebound. We can see more sideways consolidation around the 200-day average until the index finds direction. The bullish case would be the formation of a H&S bottom reversal with the right shoulder being in progress. Similar H&S bottom reversal labelling can be seen on the S&P 500 and Nasdaq 100 charts featured below.
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GLOBAL EQUITY MARKETS – April 2, 2022
REVIEW
The benchmark for the Global equity markets performance, the iShares MSCI All Country World Index ETF (ACWI.O) recovered above its 200-day average. To get bullish on Global Equities, I want to see the ETF clearing the 200-day average and settling above it. Until that happens I will view this as a counter trend rebound. We can see more sideways consolidation around the 200-day average until the index finds direction.
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Chart Pattern Reliability & Review of Current Market Opportunities – March 2022 Tech Charts Webinar
Chart Pattern Reliability & Review of Current Market Opportunities - March 2022 Tech Charts Webinar
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. Webinar Outline- Review of chart pattern statistics and discussion on chart pattern reliability covering the first quarter of 2022
- Review of markets and latest opportunities
- Open discussion on answering members’ questions on different markets and specific charts they want to discuss
- Education/analysis of fine points on classical charting as we go through different charts/questions
Live questions from Members
- SLIDE 3 - Is it possible to publish this data only for the US market? 01:07:37
- SLIDE 14 - When drawing the channel's lower boundary, I would have used the lows in 2014 and 2018 to connect the trendline. What made you confident ignoring those lows? 01:08:38
- Can you look at praj.ns. listed on the NSE in India? A rectangle with a premature breakout and now trying again? 01:10:46
- Do you use a minimum volume threshold to determine which ETFs make it into your asset universe? 01:12:17
- Do you believe AKAM is a valid rectangle? 01:13:21
- Do you have plans to add commodities to your reports? 01:14:35
- ARES chart, please. 01:14:54
- Do you adjust stock data for dividends? 01:16:12
- Is there technically a proper H&S top on ADBE? 01:17:42
- Another stock you've covered in the past is Indian hotel listed on NSE...another breakout rectangle breaking? 01:18:57
- When you wait for the 3% breakout threshold, do you only buy on the next day or at the close? 01:20:19
Educational Videos mentioned in this webinar
- Slide 26 / 48:33 & Slide 38 / 01:03:50 Rectangle - Trading Range-Bound Price Action
- Slide 28 / 51:09 Long-term Charts & Launching Patterns
