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Thursday, April 08, 2021

MSCI WORLD INDEX: Who's Buying At The Top?

The trajectory is parabolic on this monthly chart of the MSCI World Index, as Momentum begins to waver in the rally that began in February of 2020.

Is this sustainable? FOMO (fear of missing out) buyers may get burned as the exuberance tops out. Keep an eye on momentum for clues.