GLOBAL EQUITY MARKETS – December 17, 2022
REVIEW
The benchmark for the Global equity markets performance, the iShares MSCI All Country World Index ETF (ACWI.O) failed to clear its 200-day average which is resulting in a downtrend towards 81.4 levels. It is now clear that 88.36-90 area will act as strong resistance. Breakout above this area will possibly reverse the existing downtrend. Until that happens we continue to view the chart as a downtrend.
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Live Webinar and Q&A with Aksel – Thursday, December 15, 8:30 am mountain
Dear Tech Charts Members,
We are continuing our Member webinar series with chart pattern reliability and how the latest market conditions have impacted success rates on different chart patterns. We plan to have an interactive session and an open discussion to answer members' questions on different markets and specific charts of interest. Please send your charts and questions to aksel@techcharts.net, and I will add them to the webinar discussion points.
Scheduled for: Thursday, December 15, 8:30 am mountain (register below)
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CRYPTOCURRENCIES – December 12, 2022
Low volatility conditions continue on many cryptocurrency pairs. Tight consolidation have been intact for the past one month and are likely to be followed an increase in volatility and directional movements. Read More
