REVIEW

The benchmark for the Global equity markets performance, the iShares MSCI All Country World Index ETF (ACWI.O) is trading well above its 200-day average at 149.56 levels. Breakout above 158.5 levels is resuming the uptrend above the long-term average. The benchmark possibly completed a H&S failure with the breach of the highest level for the right shoulder. Price target for the H&S top failure stands at 166 levels. 160-158.5 area becomes the new short-term support. 

Read more

BTCUSD tests its resistance at 67.2K resistance after rebounding from support at 60K. ETH/BTC shows signs of strength by completing a short-term bottom reversal. Breakout from the channel favors ETH over BTC in the short-term. 

Read more

REVIEW

The benchmark for the Global equity markets performance, the iShares MSCI All Country World Index ETF (ACWI.O) is trading well above its 200-day average at 147.7 levels. Breakout above 158.5 levels is resuming the uptrend above the long-term average. The benchmark possibly completed a H&S failure with the breach of the highest level for the right shoulder. Price target for the H&S top failure stands at 166 levels. 152.6-158.5 area becomes the new support. 

Read more

BTCUSD tests its resistance at 67.2K resistance after rebounding from support at 60K. ETH/BTC shows signs of strength by completing a short-term bottom reversal. Breakout from the channel favors ETH over BTC in the short-term. 

Read more

After reviewing several daily end of day charts and weekly charts from the weekend research, these opportunities from Global Equities are worth bringing to your attention as they get closer to breakout levels and can confirm chart pattern setups before the week finalizes. These charts will be discussed in the weekend report as well with additional setups from Global Equities. 

Read more