Vanguard Total World Fund (VT) Facing Headwinds Into Late September

Steve Miller
vanguard total world stock etf investing forecast research chart image - september

Vanguard Total World Stock Index ETF NYSEARCA: VT “Weekly” Chart 

Stocks have been moving higher globally, with several developed markets bouncing back and rallying into September.

This can be seen in the Vanguard Total World Stock Index ETF (VT), which rose by 2% last week to over $75. 

Based on the market cycles, I see a similar pullback in global equities markets, with this one focused on the month of September.

The cycle low at just below $71 may provide support as it did previously. 

For a more detailed analysis of both of these charts, check out the latest episode of the askSlim Market Week show.

Twitter:  @askslim

Any opinions expressed herein are solely those of the author, and do not in any way represent the views or opinions of any other person or entity.

Edited on September 9, 2019 at 1:59 pm EST to replace image with corrected text on image.