{"id":12486,"date":"2012-07-30T10:00:00","date_gmt":"2012-07-30T10:00:00","guid":{"rendered":"http:\/\/starthostunlimiteddmffassi-ss.stackstaging.com\/etfworld.ch\/home\/vl27cm72\/etfworld.ch\/wp\/index.php\/2012\/07\/30\/technical-analysis-kospi-index-short-term-reversal\/"},"modified":"2012-07-30T10:00:00","modified_gmt":"2012-07-30T10:00:00","slug":"technical-analysis-kospi-index-short-term-reversal","status":"publish","type":"post","link":"https:\/\/www.etfworld.com\/ch\/technical-analysis-kospi-index-short-term-reversal\/","title":{"rendered":"Technical Analysis: KOSPI index: short term reversal"},"content":{"rendered":"

Technical Commentary :
<\/strong>The KOSPI Index represents the evolution of the 200 most important South Korean equities…..<\/span>..<\/p>\n

<\/p>\n

\n

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

\n
It got close to the lower zone of this vast long term consolidation phase and could come back towards the higher part of the zone in the upcoming months. We are neutral in the medium term within this large consolidation phase.  Furthermore, the 200 day moving average is flat.<\/p>\n<\/div>\n
 <\/strong><\/div>\n

\"30072012\"<\/p>\n


<\/strong><\/div>\n

Anticipation  : <\/strong> <\/p>\n

In the short term, the index briefly breached the horizontal support at 235.7 points. This probably establishes a trap for bears and could restart the bullish dynamics in the short term. Let\u2019s also note that after this \u201cfalse signal\u201d, a bullish divergence has been forming on the RSI, a large bullish gap has been opened and that the 240.1 points resistance has been cleared. Thus, we consider that the KOSPI index can quickly meet up the 249.2 level. The invalidation threshold is set below the 235.7 points.<\/div>\n

<\/strong><\/div>\n\n\n\n\n\n\n\n\n\n\n
Close price<\/td>\n242.23<\/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>\n249,2 \/ 253,7 pts<\/td>\n<\/tr>\n
Supports<\/td>\n235,7 \/ 229,1 pts <\/strong><\/td>\n<\/tr>\n
\n
\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

<\/p>\n

\n

Follow-up Analysys:<\/strong> The tracker from the 28\/05\/2012 recommended the buying of the EPRA EURO ZONE. The index has reached our target at 1588 points, a 7.44% progression. The bullish dynamics should continue towards 1669 points. <\/p>\n

\n

   <\/strong> <\/strong>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 KOSPI Index represents the evolution of the 200 most important South Korean equities…….<\/p>\n","protected":false},"author":1,"featured_media":15374,"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-12486","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\/12486","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=12486"}],"version-history":[{"count":0,"href":"https:\/\/www.etfworld.com\/ch\/wp-json\/wp\/v2\/posts\/12486\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.etfworld.com\/ch\/wp-json\/wp\/v2\/media\/15374"}],"wp:attachment":[{"href":"https:\/\/www.etfworld.com\/ch\/wp-json\/wp\/v2\/media?parent=12486"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.etfworld.com\/ch\/wp-json\/wp\/v2\/categories?post=12486"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.etfworld.com\/ch\/wp-json\/wp\/v2\/tags?post=12486"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}