ACWI stuck in range @ major resistance (since early 2018)
Risk trends will dictate how the next few days to weeks will play out. The last several times price has reached the $75 it has rejected and retraced to $70. Most recently two pin bar candles have formed back-to-back so the probability of bearish price action has increased significantly. Traders should pay attention to headlines related to trade and fed speak. If there are negative headlines I expect the gap to the downside to fill quickly.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.