{"id":12438,"date":"2012-05-29T07:00:00","date_gmt":"2012-05-29T07:00:00","guid":{"rendered":"http:\/\/starthostunlimiteddmffassi-ss.stackstaging.com\/etfworld.ch\/home\/vl27cm72\/etfworld.ch\/wp\/index.php\/2012\/05\/29\/technical-analysis-epra-eurozone-index-bounce-from-the-middle-of-the-range\/"},"modified":"2012-05-29T07:00:00","modified_gmt":"2012-05-29T07:00:00","slug":"technical-analysis-epra-eurozone-index-bounce-from-the-middle-of-the-range","status":"publish","type":"post","link":"https:\/\/www.etfworld.com\/ch\/technical-analysis-epra-eurozone-index-bounce-from-the-middle-of-the-range\/","title":{"rendered":"Technical Analysis: EPRA EUROZONE index : bounce from the middle of the range"},"content":{"rendered":"

Technical Commentary:<\/strong> The EPRA EUROZONE index is composed by 29 equities among the real estate sector of the Euro zone. Since the summer 2011 crash, this index has been moving sideways within a wide range between 1250 and 1588 points. Only the .<\/span>..<\/p>\n

<\/p>\n

\n

Day By Day – Indipendent Research<\/p>\n

\n
…breach of one of these thresholds would validate a clear trend. Nothing indicates such signal so far, we do not acknowledge any reversal or even continuation pattern: we are therefore neutral in the medium term.
\u00a0<\/strong><\/div>\n
\"29052012_1\"<\/div>\n

<\/strong><\/div>\n
Anticipation\u00a0 :<\/strong><\/div>\n
On the short term side, the correction initiated from the 1588 points major resistance (upper threshold of the range) has been stopped by the 1434 point support. This level is important: it is the middle of the 1250-1588 points range and it is also the 200-day moving average area (dynamic support). Prices are showing strength on this line and this allows anticipating a bounce toward the 1588 points major resistance. We are therefore positive in the short term.<\/div>\n
We set the invalidation level of this bullish view slightly below the 1434 points support.<\/p>\n<\/div>\n

<\/p>\n\n\n\n\n\n\n\n\n\n\n
Close price<\/td>\n1489.89<\/td>\n<\/tr>\n
\n
\n<\/td>\n<\/tr>\n
2 months Opinion<\/td>\nNEUTRAL<\/td>\n<\/tr>\n
2 weeks Opinion<\/td>\nPOSITIVE<\/td>\n<\/tr>\n
\n
\n<\/td>\n<\/tr>\n
Resistances<\/td>\n1516 \/ 1588 pts<\/td>\n<\/tr>\n
Supports<\/td>\n1434 \/ 1347 pts<\/td>\n<\/tr>\n
\n
\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

<\/p>\n

\n
Follow-up Analysys:<\/strong> On May 14th, 2012 we have recommended selling the Eurostoxx50 index. Since then, prices tumbled as anticipated and our 2131 points intermediate target has been reached.<\/div>\n
\n

DISCLAIMER<\/strong> <\/p>\n

This publication is solely intended as information and does not constitute any investment advice or an offer, solicitation or recommendation to acquire or dispose of any investment or to engage in any transaction. Althoughthis publicationis issued in good faith, no representation or warranty, express or implied, is or willbe made and no responsibility or liability is or willbe accepted by NYSE Euronext or by any of its officers, employees or agents in relation to the accuracy or completeness of this publicationand any such liability is expressly disclaimed.No information set out or referred to in this publicationshall form the basis of any contract. The creation of rights and obligations in respect of financial products that are traded on the exchanges operated by NYSE Euronext\u2019s subsidiaries shall depend solely on the applicable rules of the market operator. NYSE Euronext encourages you to reach your own opinion as to whether investments are appropriate or relevant and recommends you not to make any decisions on the basis of the information contained in this publication before checking it, as you will bear full responsibility for any use that you make of it. Persons wishingto trade products available on NYSE Euronextmarkets or wishingto offer such products to third parties are advised, before doing so, to check their legal and regulatory position in the relevant territory and to understand the related risks. All proprietary rights and interest in or connected with this publicationare vested in NYSE Euronext.No part of it may be redistributed or reproduced in any form or by any means or used to make any derivative work (such as translation, transformation, or adaptation) without the prior written permission of NYSE Euronext. NYSE Euronext refers to NYSE Euronext and its affiliates and references to NYSE Euronext in this publication include each and any such company as the context dictates. NYSE EuronextSM, Euronext\u00ae, trackers\u00ae, are registered marks of NYSE Euronext.<\/p>\n

Source: ETFWorld – Day By Day – Indipendent Research<\/p>\n

\u00a0<\/p>\n

\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"

Technical Commentary: The EPRA EUROZONE index is composed by 29 equities among the real estate sector of the Euro zone. Since the summer 2011 crash, this index has been moving sideways within a wide range between 1250 and 1588 points. Only the …<\/p>\n","protected":false},"author":1,"featured_media":15249,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"telegram_tosend":false,"telegram_tosend_message":"","telegram_tosend_target":0,"footnotes":"","_wpscp_schedule_draft_date":"","_wpscp_schedule_republish_date":"","_wpscppro_advance_schedule":false,"_wpscppro_advance_schedule_date":"","_wpscppro_dont_share_socialmedia":false,"_wpscppro_custom_social_share_image":0,"_facebook_share_type":"","_twitter_share_type":"","_linkedin_share_type":"","_pinterest_share_type":"","_linkedin_share_type_page":"","_instagram_share_type":"","_medium_share_type":"","_threads_share_type":"","_google_business_share_type":"","_selected_social_profile":[],"_wpsp_enable_custom_social_template":false,"_wpsp_social_scheduling":{"enabled":false,"datetime":null,"platforms":[],"status":"template_only","dateOption":"today","timeOption":"now","customDays":"","customHours":"","customDate":"","customTime":"","schedulingType":"absolute"},"_wpsp_active_default_template":true},"categories":[27],"tags":[],"class_list":["post-12438","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-anlagestrategie-etf"],"blocksy_meta":{"styles_descriptor":{"styles":{"desktop":"","tablet":"","mobile":""},"google_fonts":[],"version":6}},"_links":{"self":[{"href":"https:\/\/www.etfworld.com\/ch\/wp-json\/wp\/v2\/posts\/12438","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.etfworld.com\/ch\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.etfworld.com\/ch\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.etfworld.com\/ch\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.etfworld.com\/ch\/wp-json\/wp\/v2\/comments?post=12438"}],"version-history":[{"count":0,"href":"https:\/\/www.etfworld.com\/ch\/wp-json\/wp\/v2\/posts\/12438\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.etfworld.com\/ch\/wp-json\/wp\/v2\/media\/15249"}],"wp:attachment":[{"href":"https:\/\/www.etfworld.com\/ch\/wp-json\/wp\/v2\/media?parent=12438"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.etfworld.com\/ch\/wp-json\/wp\/v2\/categories?post=12438"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.etfworld.com\/ch\/wp-json\/wp\/v2\/tags?post=12438"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}