Did Global Equity Markets Just Break Down?
Long Term Wealth Builder | June 9th, 2015
On Friday the S&P 500 was not the only market to close significantly below its 50-day moving average. The ACWI (MCSI All Country World Index Fund) also broke below its 50-day moving average, and for this ETF it is the first time this has happened in months.
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But there’s more to the story than just the moving average break. In this video you’ll see how to figure out which way this index will go next. And since it is a good measure of the health of equity markets around the world, this ETF should be on your watch list.