INTERIM UPDATE (ASIA & EUROPE) – October 20, 2021

I start my research on Mondays and finalize by end of day Thursday. Friday is dedicated to putting all ideas to the report format. During the week I come across good setups and those are featured in the weekly report. However, there are those that pop during the week and is worth bringing to your attention before the week finalizes. Below is the latest addition to Tech Charts watchlist from mainly ASIA & EUROPE equities. These charts will also be included in the weekly update.

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GLOBAL EQUITY MARKETS – October 16, 2021

REVIEW


The benchmark for the Global equity markets performance, the iShares MSCI All Country World Index ETF (ACWI.O) is in an uptrend. This price resumed uptrend after recovering back inside the trend channel. So far the price action seems like it completed a reversion back to the mean. Strong support area remains between 97.9 and 101.6 levels. There is no reversal chart pattern on the daily scale price chart.

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CRYPTOCURRENCIES – October 11, 2021

Renewed strength for majority of the cryptocurrencies are helping prices reach all-time highs. In this report we are looking at Total Market Cap price chart, BTCUSD, ETHUSD and ETHBTC to understand the possible resistances ahead. Read More