GLOBAL EQUITY MARKETS – October 18, 2025
REVIEW
The benchmark for the Global equity markets performance, the iShares MSCI All Country World Index ETF (ACWI.O) experienced a rebound this week after last Friday's sell-off that pulled the price to the lower boundary of its trend channel. Price remains in the trend channel and uptrend is intact. Breakdown of the channel can result in a reversion to the mean. I will monitor price action around the lower boundary of the channel in the following week. Rebound back inside the channel might be forming the right shoulder of a possible short-term top reversal. Still at the early stages. Re-test of the neckline at 136 levels can better define the H&S top reversal. Breach above 139.45 levels can resume the uptrend inside the trend channel.






