GLOBAL EQUITY MARKETS – March 26, 2022
REVIEW
The benchmark for the Global equity markets performance, the iShares MSCI All Country World Index ETF (ACWI.O) continues to remain below the 200-day average. Past few days rebound has been strong and pushed the ETF towards the strong resistance area between 99 and 100.1. 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. Last 3 months trend has been downwards with clear lower lows and lower highs.
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CRYPTOCURRENCIES – March 20, 2022
Cryptocurrency markets have been muted for the past few months. Clearly volatility dropped to low levels which suggests an increase in volatility on the coming weeks. Increase in volatility usually results in a trend period. Many charts I'm reviewing are lacking any breakout setup. However, there is a common theme between charts that suggest a possible rebound from strong support areas which can offer trading opportunity between boundaries. Below I feature these opportunities.
GLOBAL EQUITY MARKETS – March 19, 2022
REVIEW
The benchmark for the Global equity markets performance, the iShares MSCI All Country World Index ETF (ACWI.O) continues to remain below the 200-day average. Past few days rebound has been strong and pushed the ETF towards the strong resistance area between 99 and 100.1. 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. Last 3 months trend has been downwards with clear lower lows and lower highs.
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