{"id":12535,"date":"2012-10-29T09:00:00","date_gmt":"2012-10-29T09:00:00","guid":{"rendered":"http:\/\/starthostunlimiteddmffassi-ss.stackstaging.com\/etfworld.ch\/home\/vl27cm72\/etfworld.ch\/wp\/index.php\/2012\/10\/29\/technical-analysis-stoxx-europe-600-personnal-a-household-goods-net-return-index-the-dynamic-resumes-towards-historical-highs\/"},"modified":"2012-10-29T09:00:00","modified_gmt":"2012-10-29T09:00:00","slug":"technical-analysis-stoxx-europe-600-personnal-a-household-goods-net-return-index-the-dynamic-resumes-towards-historical-highs","status":"publish","type":"post","link":"https:\/\/www.etfworld.com\/ch\/technical-analysis-stoxx-europe-600-personnal-a-household-goods-net-return-index-the-dynamic-resumes-towards-historical-highs\/","title":{"rendered":"Technical Analysis: Stoxx Europe 600 Personnal &#038; Household Goods Net Return Index: The dynamic resumes towards historical highs"},"content":{"rendered":"<p style=\"text-align: justify;\"><span lang=\"EN-GB\"><strong>Technical Commentary :<\/strong> <\/span><span lang=\"EN-GB\"><span lang=\"EN-GB\"><span lang=\"EN-GB\">The&nbsp;  Stoxx&nbsp; Europe&nbsp; 600&nbsp; Personnal&nbsp; &amp;&nbsp; Household&nbsp;  Goods&nbsp; Net&nbsp; Return&nbsp;  is&nbsp; an&nbsp; index&nbsp; composed&nbsp; of&nbsp; 30&nbsp; different&nbsp; stocks&nbsp;  among&nbsp; the  european&nbsp; Personnal&nbsp; &amp;&nbsp; Household&nbsp; Goods&nbsp; sector.<\/span><\/span>&#8230;&#8230;.<\/span><span lang=\"EN-GB\">&nbsp;<\/span><\/p>\n<p>  <!--more-->  <\/p>\n<p>\u00a0<\/p>\n<hr \/>\n<p style=\"text-align: center;\">Day By Day &#8211; Indipendent Research<\/p>\n<hr \/>\n<div style=\"text-align: justify;\"><span lang=\"EN-GB\">This&nbsp;   index&nbsp; evolves&nbsp; in&nbsp; a&nbsp; bullish&nbsp; trend,&nbsp; materialized&nbsp; by&nbsp; the&nbsp;   succession&nbsp; of ascending troughs and peaks and confirmed by the 200-day   moving average orientation. Despite the recent consolidation phase, no   significant trough has been breached and&nbsp; therefore&nbsp; the dynamic&nbsp;   remains bullish&nbsp; for&nbsp; the weeks&nbsp; to come. We are bullish over the medium   term. <\/span><\/div>\n<p style=\"text-align: center;\"><img loading=\"lazy\" decoding=\"async\" class=\" size-full wp-image-15391\" alt=\"29102012\" src=\"http:\/\/starthostunlimiteddmffassi-ss.stackstaging.com\/etfworld.ch\/home\/vl27cm72\/etfworld.ch\/wp\/home\/vl27cm72\/etfworld.ch\/wp-content\/uploads\/2012\/10\/29102012.png\" height=\"325\" width=\"503\" srcset=\"https:\/\/www.etfworld.com\/ch\/wp-content\/uploads\/2012\/10\/29102012.png 503w, https:\/\/www.etfworld.com\/ch\/wp-content\/uploads\/2012\/10\/29102012-300x194.png 300w\" sizes=\"auto, (max-width: 503px) 100vw, 503px\" \/><\/p>\n<p>&nbsp;&nbsp; <strong>&nbsp;<\/strong><br \/><strong>Anticipation : <\/strong><span style=\"font-size: 12.0pt;\" lang=\"EN-GB\">&nbsp;<\/span><\/p>\n<p style=\"text-align: justify;\">In the shorter term, the consolidation initiated following the  inscription of a new historical high at 513.50 points was stopped by the  476.10&nbsp; points&nbsp; support.&nbsp; This&nbsp; level&nbsp; is&nbsp; important:&nbsp; it&nbsp; corresponds&nbsp;  to&nbsp; the&nbsp; 50%&nbsp; retracement&nbsp; ratio&nbsp; of&nbsp; the&nbsp; last&nbsp; bullish&nbsp; impulse,&nbsp; now  strengthened by the ascending 200-day moving average. Prices then  formed a base (progressive reversal pattern) above this key level. A  bullish breakout would thus allow the index to resume its dynamic  towards historical highs.<\/p>\n<div style=\"text-align: justify;\">\n<p class=\"MsoNormal\" style=\"text-align: justify;\"><span lang=\"EN-GB\">We  are&nbsp; therefore bullish over&nbsp; the short&nbsp; term&nbsp; too and expect prices&nbsp;  to&nbsp; join&nbsp; the 513.50&nbsp; resistance&nbsp; in&nbsp; the near&nbsp; future. We set&nbsp; the  invalidation&nbsp; threshold&nbsp; of&nbsp; this&nbsp; scenario&nbsp; slightly&nbsp; below&nbsp; the&nbsp;  476.10&nbsp; support.&nbsp; The&nbsp; breach&nbsp; of&nbsp; this&nbsp; level&nbsp; would&nbsp; delay&nbsp; any&nbsp;  bullish anticipation. <\/p>\n<p><\/span><\/p>\n<\/p><\/div>\n<table style=\"text-align: center;\" border=\"0\">\n<tbody style=\"text-align: left;\">\n<tr style=\"text-align: left;\">\n<td style=\"border: 1px solid #9ab62f; text-align: left;\">Close price<\/td>\n<td style=\"border: 1px solid #9ab62f; text-align: left;\"><span lang=\"EN-GB\">486,59<\/span><\/td>\n<\/tr>\n<tr style=\"text-align: left;\">\n<td style=\"border: 1px solid #9ab62f; text-align: left;\" colspan=\"2\">\n<hr \/>\n<\/td>\n<\/tr>\n<tr style=\"text-align: left;\">\n<td style=\"border: 1px solid #9ab62f; text-align: left;\">2 months Opinion<\/td>\n<td style=\"border: 1px solid #9ab62f; text-align: left;\"><span lang=\"EN-GB\">BULLISH<\/span><\/td>\n<\/tr>\n<tr style=\"text-align: left;\">\n<td style=\"border: 1px solid #9ab62f; text-align: left;\">2 weeks Opinion<\/td>\n<td style=\"border: 1px solid #9ab62f; text-align: left;\">POSITIVE<\/td>\n<\/tr>\n<tr style=\"text-align: left;\">\n<td style=\"border: 1px solid #9ab62f; text-align: left;\" colspan=\"2\">\n<hr \/>\n<\/td>\n<\/tr>\n<tr style=\"text-align: left;\">\n<td style=\"border: 1px solid #9ab62f; text-align: left;\">Resistances<\/td>\n<td style=\"border: 1px solid #9ab62f; text-align: left;\"><span lang=\"EN-GB\">492,2 \/ 500,65 pts<\/span><\/td>\n<\/tr>\n<tr style=\"text-align: left;\">\n<td style=\"border: 1px solid #9ab62f; text-align: left;\">Supports<\/td>\n<td style=\"border: 1px solid #9ab62f; text-align: left;\"><span lang=\"EN-GB\">476,1 \/ 465,8 pts<\/span><strong> <\/strong><\/td>\n<\/tr>\n<tr style=\"text-align: left;\">\n<td style=\"border: 1px solid #9ab62f; text-align: left;\" colspan=\"2\">\n<hr \/>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>  <\/p>\n<hr \/>\n<p> <strong>Follow-up Analysys: <\/strong><span lang=\"EN-GB\">On&nbsp;  October&nbsp; 15th&nbsp; we&nbsp; recommended&nbsp; the purchase&nbsp; of&nbsp;  the DAX&nbsp; 30&nbsp; index.&nbsp;  Since&nbsp; then, prices bounced as expected and  reached our target at  7442.50 points. <\/span><span lang=\"EN-GB\">&nbsp;<\/span>  <\/p>\n<hr \/>\n<p> &nbsp; <strong>&nbsp;<\/strong><strong>&nbsp;<\/strong><strong>DISCLAIMER<\/strong> <\/p>\n<p style=\"text-align: justify;\">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<p style=\"text-align: justify;\">Source: ETFWorld &#8211; Day By Day &#8211; Indipendent Research<\/p>\n<p style=\"text-align: justify;\">\u00a0<\/p>\n<p style=\"position: absolute; left: -10000px; top: 0px; width: 1px; height: 1px; overflow: hidden;\" id=\"_mcePaste\">\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Technical Commentary : The&nbsp; Stoxx&nbsp; Europe&nbsp; 600&nbsp; Personnal&nbsp; &amp;&nbsp; Household&nbsp; Goods&nbsp; Net&nbsp; Return&nbsp; is&nbsp; an&nbsp; index&nbsp; composed&nbsp; of&nbsp; 30&nbsp; different&nbsp; stocks&nbsp; among&nbsp; the european&nbsp; Personnal&nbsp; &amp;&nbsp; Household&nbsp; Goods&nbsp; sector.&#8230;&#8230;.&nbsp;<\/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-12535","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\/12535","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=12535"}],"version-history":[{"count":0,"href":"https:\/\/www.etfworld.com\/ch\/wp-json\/wp\/v2\/posts\/12535\/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=12535"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.etfworld.com\/ch\/wp-json\/wp\/v2\/categories?post=12535"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.etfworld.com\/ch\/wp-json\/wp\/v2\/tags?post=12535"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}