tradingwithyg

ACWI stuck in range @ major resistance (since early 2018)

Short
NASDAQ:ACWI   iShares MSCI ACWI Index Fund
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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