Why I'm still bullish on ACWX global ex US etf
ACWX recently bounced with 2 engulfing candles with volume.
It then reclaims the weekly green ema50.
It seems to be completing a bullish flag.
The violet ema100(also coincides with the median line of pitchfork),
should provide a good support
where institutions will buy.
I would be less bullish for the ACWI global etf with US,
which will depend a lot on the performance of US stocks.
considering US needs a retracement from an impressive 2020 & 2022.
2022 going forward, I think will be the time for other global
countries to shine especially the emerging markets.
Pls make own analysis & comment.
It then reclaims the weekly green ema50.
It seems to be completing a bullish flag.
The violet ema100(also coincides with the median line of pitchfork),
should provide a good support
where institutions will buy.
I would be less bullish for the ACWI global etf with US,
which will depend a lot on the performance of US stocks.
considering US needs a retracement from an impressive 2020 & 2022.
2022 going forward, I think will be the time for other global
countries to shine especially the emerging markets.
Pls make own analysis & comment.
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.