GLOBAL EQUITY MARKETS – May 3, 2025
REVIEW
The benchmark for the Global equity markets performance, the iShares MSCI All Country World Index ETF (ACWI.O) completed the consolidation as a double top with the latest breakdown below 115 levels. Double top price target was quickly met at 107.2 levels. The correction extended beyond the price objective. Rebound following news effect regarding Tariffs helped the ETF to fill the gap. With this week's strength the ETF recovered above the 115-116 resistance area. The 200-day average becomes the new support. I will monitor the ETF to see if it will stabilize above the long-term average in preparation of resuming higher. One think is clear the sharp rebound from the lows is due for a short breather.
Read More
BREAKOUT ROOM April 30, 2025 – LIVE MEETING, CHARTS Q&A (Recording)
BREAKOUT ROOM April 30, 2025 - LIVE MEETING, CHARTS Q&A (Recording)
Meeting Outline- Q&A on charts of your interest
Tech Charts Members,
This is our second Breakout Room meeting to discuss chart of your interest. I will share my screen and will pull up chart of your request and review patterns and opportunities from the perspective of classical charting principles. Transcription available as well.
Read MoreBREAKOUT ROOM WEDNESDAY 30th of April 9:00 AM EST – LIVE MEETING, CHARTS Q&A
BREAKOUT ROOM Wednesday 30th of April 9:00 AM EST - LIVE MEETING, CHARTS Q&A
Meeting Outline- Q&A on charts of your interest
Tech Charts Members,
This is our second Breakout Room meeting to discuss chart of your interest. I will share my screen and will pull up chart of your request and review patterns and opportunities from the perspective of classical charting principles. The first meeting was a success and we got the chance to review so much. I hope this time as well we will cover as many charts and questions as possible.
Read More
