GLOBAL EQUITY MARKETS – August 9, 2025
REVIEW
The benchmark for the Global equity markets performance, the iShares MSCI All Country World Index ETF (ACWI.O) did a round trip after the sharp sell-off and reached its all-time highs around 123.5 levels. The fact that the ETF cleared its 200-day average and moved significantly above it can be analyzed long-term positive as pullbacks and consolidations are likely to find support above the 200-day. A possible trend channel might be forming with price respecting both boundaries. Minor high at 132 levels can act as short-term resistance. Support area is between 123.5 and 127.7 levels. Uptrend is intact.
