GLOBAL EQUITY MARKETS – May 2, 2026
REVIEW
The benchmark for the Global equity markets performance, the iShares MSCI All Country World Index ETF (ACWI.O) recovered above its 200-day average at 139.5. Horizontal support at 136 levels held. The gap between 140 and 143.5 can get filled during a pullback. 136-139.5 area continues to act as support. Price cleared the 148.8 resistance with a gap last weeks and held above the highs during this week. 148.8 becomes the short-term support. If the short-term consolidation acts as a bullish continuation, uptrend can resume. Friday's price action was an attempt to clear the short-term resistance. I will monitor strength in the following week.
Read More













