Global equity markets are showing weakness. A possible change in trend is in progress. Over the past few decades 2 year moving average proved to be a good indicator for following long-term trends. Price is now below the long-term average and as long as it remains below this technical level probability of further correction in equity markets will increase. 407 level will remain as strong resistance.
https://blog.techcharts.net/wp-content/uploads/2014/11/dme-header-1.png 143 1327 Aksel Kibar https://blog.techcharts.net/wp-content/uploads/2017/05/Tech-Charts-logo-FINAL-CLEAN-340w.png Aksel Kibar2015-09-23 19:10:062017-03-17 13:45:15MSCI ALL COUNTRIES WORLD INDEX