Report published August 16, 2026
Bertschi's Chart Outlook (August 16, 2026): Technical Analysis on Global Equities, Mega-Cap Tech, and Commodities
Source and citation context
- Issuer
- FinChartOutlook GmbH
- Report date
- August 16, 2026
- Analysis as of
- Not stated in source
Authors / editors: Rolf P. Bertschi
Finvaulta summarizes FinChartOutlook GmbH's analysis. Attribute opinions, forecasts, time-sensitive values, and chronology to the issuer and report date; do not treat this page as an independent verification or a current market-data source.
The report provides technical analysis and Elliott Wave/momentum setups across global equity benchmarks, Swiss market equities, US mega-caps, commodities, and major currency pairs as of August 16, 2026. Most asset classes are approaching major overhead resistance zones, requiring defined support triggers to manage downside risk.
Key Takeaways
- 1.Global equity indices such as MSCI ACWI, MSCI EM, and S&P 500 are testing major overhead resistance bands; failure to break out followed by support breaks would trigger tactical position reductions or sell signals.
- 2.Swiss equities face critical retracement and support levels: SMI must hold 14,290-14,250 to prevent short- to medium-term corrections, while real estate equities (REALX) look attractive on a break above 2095.
- 3.Major US megacap tech equities (AMZN, AAPL, META, TSLA) display potential topping wedge or bubble exhaustion formations, with clear risk of sizable declines if key support levels fail.
Table of Contents
- GLOBAL – MSCI ACWI - All Countries World Index (.MIWD00000PUS)
- GLOBAL – MSCI EM - Emerging Markets Index (.MIEM00000PUS)
- SWITZERLAND – Swiss Market Index SMI (.SSMI)
- SWITZERLAND – Swiss Market Equal Weight Index (.SMIEWPR)
- SWITZERLAND – Swiss Market Index Constituent Stocks
- SWITZERLAND – SXI Real Estate Shares Price Index (.REALX)
- SWITZERLAND – Swiss Mid Cap Index (.SMIX)
- SWITZERLAND – SPI Constituent Stocks (Accelleron-Centiel)
- SWITZERLAND – SPI Constituent Stocks (Coltene-IVF Hartmann)
- SWITZERLAND – SPI Constituent Stocks (Julius Bär-Santhera)
- SWITZERLAND – SPI Constituent Stocks (Schindler-Zug Estates)
- SWITZERLAND – Swissquote (SQN.S)
- EUROPE – STOXX Europe 600 Equal Weight Index (.SXXEWP)
- GERMANY – DAX Index (.GDAXI)
- USA – S&P 500 Index (.SPX)
- USA – S&P 500 Equal Weight Index (.SPXEW1)
- USA – Philadelphia Semiconductor Index (.SOX)
- USA – Amazon (AMZN.O)
- USA – Apple (AAPL.O)
- USA – Meta Platform (META.O)
- USA – Tesla (TSLA.O)
- USA – JPMorgan Chase (JPM.N)
- COMMODITIES – Brent Crude Oil – First Continuous (October 2026) Future contract (LCOc1)
- COMMODITIES – iShares World Energy ETF (WENS.S)
- COMMODITIES – Gold per Ounce Spot in US dollar (XAU=)
- COMMODITIES – ARCA Gold Bugs Index (.HUI)
- FOREX - Swiss franc per US DOLLAR (CHF=)
- FOREX - US dollar per EURO (EUR=)
- FOREX – Swiss franc per EURO (EURCHF=)
- Disclaimer
- Sources
- Explanations of my approaches
Report data
USA – S&P 500 Index (.SPX)
| Metric | Estimate | Context |
|---|---|---|
| SMI High | 14670.0 index_points | Swiss Market Index reached a new all-time high before correcting. |
| S&P 500 Index High | 7794.0 index_points | S&P 500 broke out of triangle to reach high on August 5. |
| Gold Spot High | 4449.0 USD/oz | Gold per ounce spot reached a high just below the 4450 resistance. |
| DAX Index High | 26574.0 index_points | DAX reached a high within the 26,500-26,680 resistance zone. |
Reports in this series
Bertschi's Chart Outlook is shown in chronological order through this edition, published on August 16, 2026.
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Authors / Editors
Reported Data Context
- SMI High: 14670.0 index_points (2026-08-11) · Source: Metastock
- S&P 500 Index High: 7794.0 index_points (2026-08-05) · Source: Metastock
- Gold Spot High: 4449.0 USD/oz (2026-08-13) · Source: Metastock
- DAX Index High: 26574.0 index_points (2026-08-12) · Source: Metastock