$ACWX decision point!

59
Unclear what is going to happen... probably not a good idea to trade this right now.

Can trade small position within the channel, although risky to trade against the trend...

Bull case:
  • potential bull flag setup
  • good relative value (in terms of performance) to S&P 500
  • holding peak-price support from 2017 so far
  • better to wait for confirmation of bull flag?


Bear case:
  • touching medium/long-term (2011) channel resistance
  • RSI-W at low levels, but not oversold yet

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