CRYPTOCURRENCIES – January 16, 2022
BTCUSD is trying to hold support at 41K. Failure to gain strength can result in some selling pressure in several other pairs. In this report I discussed two of my favorite, text-book descending triangle setups as well as some range-trading opportunities with bullish breakout setups.
GLOBAL EQUITY MARKETS – January 15, 2022
REVIEW
The benchmark for the Global equity markets performance, the iShares MSCI All Country World Index ETF (ACWI.O) is in an uptrend. The ETF found resistance at the minor high at 107.5. Price is consolidating between the 200-day average at 101.2 and the resistance at 107.5 levels. There is no top reversal chart pattern on both daily and weekly scale price charts.
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GLOBAL EQUITY MARKETS – January 8, 2022
REVIEW
The benchmark for the Global equity markets performance, the iShares MSCI All Country World Index ETF (ACWI.O) is in an uptrend. The ETF found resistance at the minor high at 107.5. Price is pulling back to the 200-day average at 101 levels Strong support area remains between 99 and 101. Resistance is at 107.5. No reversal chart pattern on both daily and weekly scale price charts.
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