GLOBAL EQUITY MARKETS – July 10, 2021
REVIEW
The benchmark for the Global equity markets performance, the iShares MSCI All Country World Index ETF (ACWI.O) resumed its uptrend with higher highs and higher lows and this can be seen in steady uptrends. Symmetrical triangle price target stands at 102.7 levels. Price remains above the long-term average, confirming the uptrend. During any sharp pullback, the 200-day average at 93.3 and the previous minor low at 96.5 can form an area of support. Price is now very close to the symmetrical triangle chart pattern price target. Intra-week sell-off was quickly reversed by the end of the week. Positive outlook is intact.
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GLOBAL EQUITY MARKETS – July 3, 2021
REVIEW
The benchmark for the Global equity markets performance, the iShares MSCI All Country World Index ETF (ACWI.O) resumed its uptrend with higher highs and higher lows and this can be seen in steady uptrends. Symmetrical triangle price target stands at 102.7 levels. Price remains above the long-term average, confirming the uptrend. During any sharp pullback, the 200-day average at 92.6 and the previous minor low at 96.5 can form an area of support. Price is now very close to the symmetrical triangle chart pattern price target.
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GLOBAL EQUITY MARKETS – June 26, 2021
REVIEW
The benchmark for the Global equity markets performance, the iShares MSCI All Country World Index ETF (ACWI.O) resumed its uptrend with higher highs and higher lows and this can be seen in steady uptrends. Symmetrical triangle price target stands at 102.7 levels. Price remains above the long-term average, confirming the uptrend. During any sharp pullback, the 200-day average at 92.6 and the previous minor low at 96.5 can form an area of support.
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