{"id":12450,"date":"2012-06-11T07:00:00","date_gmt":"2012-06-11T07:00:00","guid":{"rendered":"http:\/\/starthostunlimiteddmffassi-ss.stackstaging.com\/etfworld.ch\/home\/vl27cm72\/etfworld.ch\/wp\/index.php\/2012\/06\/11\/technical-analysis-euromts-7-10-yr-index-pull-back-on-the-rectangle\/"},"modified":"2012-06-11T07:00:00","modified_gmt":"2012-06-11T07:00:00","slug":"technical-analysis-euromts-7-10-yr-index-pull-back-on-the-rectangle","status":"publish","type":"post","link":"https:\/\/www.etfworld.com\/ch\/technical-analysis-euromts-7-10-yr-index-pull-back-on-the-rectangle\/","title":{"rendered":"Technical Analysis: EuroMTS 7-10 yr index : pull-back on the rectangle"},"content":{"rendered":"

Technical Commentary:<\/strong> The EuroMTS 7-10 yr. is an index composed of a basket of Euro zone government bonds; it capitalizes coupons. Since November 2011, the index has built a bullish dynamics confirmed by the overflow of the 190 points major level in February 2012. .<\/span>..<\/p>\n

<\/p>\n

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

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…The trend of the 100-day moving average also confirms this dynamics, still sustained by the ECB monetary politics (low rates). This movement should continue in the coming weeks: we are bullish over the mid-term..
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\"11062012\"<\/div>\n

<\/strong><\/div>\n
Anticipation\u00a0 :<\/strong><\/div>\n
On the short term side, the index just broke out of a sideways rectangle-shapedconsolidation: this event revived the bullish momentum.
The current pull-back on the pattern is a test of the quality of the signal; therefore, if the consolidation area is not penetrated again, we can expect new historical highs. This bullish scenario is also favored as the ascending 100-day moving average is now a dynamic support. We are therefore positive in the short term and we expect the rallying of the 187.20 points Fibonacci resistance, an extension target also merged with the theoretical target of the rectangle. We set the invalidation level of this positive opinion slightly below the 182.80 points support.\u00a0<\/div>\n\n\n\n\n\n\n\n\n\n\n
Close price<\/td>\n183.28<\/td>\n<\/tr>\n
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\n<\/td>\n<\/tr>\n
2 months Opinion<\/td>\nBULLISH<\/td>\n<\/tr>\n
2 weeks Opinion<\/td>\nPOSITIVE<\/td>\n<\/tr>\n
\n
\n<\/td>\n<\/tr>\n
Resistances<\/td>\n187,2 \/ 191,3 pts<\/td>\n<\/tr>\n
Supports<\/td>\n182,8 \/ 179 pts<\/td>\n<\/tr>\n
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\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

<\/p>\n

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Follow-up Analysys:<\/strong> On May 21, we recommended the purchase of STOXX Europe 600 Industrial Goods and Services index related ETFs. Since the 277.10 points major support, the index strongly bounced as expected and our 291 points target has been reached, leading to a +3.5% performance.<\/div>\n
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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 EuroMTS 7-10 yr. is an index composed of a basket of Euro zone government bonds; it capitalizes coupons. Since November 2011, the index has built a bullish dynamics confirmed by the overflow of the 190 points major level in February 2012. …<\/p>\n","protected":false},"author":1,"featured_media":15309,"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-12450","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\/12450","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=12450"}],"version-history":[{"count":0,"href":"https:\/\/www.etfworld.com\/ch\/wp-json\/wp\/v2\/posts\/12450\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.etfworld.com\/ch\/wp-json\/wp\/v2\/media\/15309"}],"wp:attachment":[{"href":"https:\/\/www.etfworld.com\/ch\/wp-json\/wp\/v2\/media?parent=12450"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.etfworld.com\/ch\/wp-json\/wp\/v2\/categories?post=12450"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.etfworld.com\/ch\/wp-json\/wp\/v2\/tags?post=12450"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}