GLOBAL EQUITY MARKETS – July 25, 2026
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 146.6 levels. Breakdown below 152.6 levels can complete a short-term top and can become part of a reversion to the mean. Bearish chart pattern completions above the long-term averages are more prone to failure as they take place against the overall trend. Breach of the minor high at 158.5 can complete the symmetrical triangle on the upside and offer a long signal with the price target of 166 levels.






