The MSCI World Index accelerated higher last week and after a couple of months of sideways price action the global benchmark has consistently made new highs trading up through our initial 2900 target level. While we’re not inclined to chase the index here, we still firmly believe that subscribers should remember the old adage “the trend is your friend” when looking to disembark a bull market as they have a habit of going both further and longer than most pundits anticipate.
MM is bullish the MSCI World Index into late April.
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