MSCI ACWI reverses after testing wedge support

١٢ ديسمبر ٢٠١٤The MSCI All Country World Index completed a wedge formation in September, and this week's sell off comes in after a pullback towards the wedge support. It seems likely that the market will fall back to the October lows, in which case a break lower would become increasingly probable at the start of 2015.