GLOBAL EQUITY MARKETS – June 8, 2019
REVIEW
The benchmark for the Global equity markets performance, the iShares MSCI All Country World Index ETF (ACWI.O) had a sharp reversal above its 200-day average and the horizontal resistance at 71 levels. Previous week's breakdown from the H&S top was possibly a bear trap. Global equities are going through a volatile, trend-less period. Read More
GLOBAL EQUITY MARKETS – June 1, 2019
REVIEW
The benchmark for the Global equity markets performance, the iShares MSCI All Country World Index ETF (ACWI.O) finsihed the week below the important support level at 71 levels. The head and shoulder chart pattern price target stands at 67.75 levels. Both the neckline and the 200-day moving average stands at 71 levels and will act as resistance. Read More
GLOBAL EQUITY MARKETS – May 25, 2019
REVIEW
The benchmark for the Global equity markets performance, the iShares MSCI All Country World Index ETF (ACWI.O) finsihed the week at a very critical support. The neckline of the possible 3 month-long H&S top and the 200-day moving average are overlapping at 71 levels and forming short-term support. Read More
