GLOBAL EQUITY MARKETS – June 3, 2017
This week's Global Equity Markets report covers several ETFs and global equity indices and single stocks from Developed and Emerging countries. You will find that some of the themes are longer-term and can offer great opportunity once these chart patterns are resolved on the upside. The info-graphic below explains what each label on the charts and section headers stand for. I hope this will make it easier to navigate through the charts.
GLOBAL EQUITY MARKETS – May 27, 2017
Dear Tech Charts members,
Thank you for joining Tech Charts as Founding Member. I hope to identify many great chart set-ups, trading & investment themes and add value to your decision making process in the years ahead. This week's Global Equity Markets report covers several ETFs from different regions, single stocks from Developed and Emerging countries and equity indices. You will find that some of the themes are longer-term and can offer great opportunity once these chart patterns are resolved on the upside. In this report I also added a section that explains what each label on the charts and section headers stand for. I hope this will make it easier to navigate through the charts.
Read More
GLOBAL EQUITY MARKETS – May 20, 2017
The Russell 2000 Index is the recognized benchmark measuring the performance of the small-cap segment of the U.S. equity universe. The Russell 2000 Index is a subset of the Russell 3000 Index, representing approximately 10% of the total market capitalization of that index. It includes 2000 of the smallest securities based on a combination of market cap and current index membership. The index is maintained by FTSE Russell, a subsidiary of the London Stock Exchange Group. The Russell 2000 is by far the most common benchmark for mutual funds that identify themselves as "small-cap", while the S&P 500 index is used primarily for large capitalization stocks.
RUSSELL 2000 INDEX (.RUT)
Since the beginning of 2017, the small-cap segment of the U.S. equities had a volatile price action. The swings on the Russell 2000 index possibly formed a very rare chart pattern called a Broadening Top. Richard W. Schabacker in his book Technical Analysis and Stock Market Profits explains the Broadening Top chart pattern as below:
Read More
