GLOBAL EQUITY MARKETS – October 30, 2021
REVIEW
The benchmark for the Global equity markets performance, the iShares MSCI All Country World Index ETF (ACWI.O) is in an uptrend. So far the price action seems like it completed a reversion back to the mean. Strong support area remains between 98.5 and 99 levels. There is no reversal chart pattern on the daily scale price chart. Previous high is acting as resistance at 105.5 levels. If the previous high acts as resistance I will expect a consolidation range between 99 and 105.5 levels. Breakout above 105.5 levels will resume the existing uptrend.
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CRYPTOCURRENCIES – October 25, 2021
All time highs acted as resistance, what is next for some of the major cryptocurrencies? Do we breakout to all-time highs and confirm or do we remain range bound for a little bit more? Read More
GLOBAL EQUITY MARKETS – October 23, 2021
REVIEW
The benchmark for the Global equity markets performance, the iShares MSCI All Country World Index ETF (ACWI.O) is in an uptrend. So far the price action seems like it completed a reversion back to the mean. Strong support area remains between 98.2 and 99 levels. There is no reversal chart pattern on the daily scale price chart. Previous high is acting as resistance at 105.5 levels. If the previous high acts as resistance I will expect a consolidation range between 99 and 105.5 levels.
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