{"id":12539,"date":"2012-11-05T09:00:00","date_gmt":"2012-11-05T09:00:00","guid":{"rendered":"http:\/\/starthostunlimiteddmffassi-ss.stackstaging.com\/etfworld.ch\/home\/vl27cm72\/etfworld.ch\/wp\/index.php\/2012\/11\/05\/technical-analysis-msci-world-index-the-bullish-dynamic-resumes\/"},"modified":"2012-11-05T09:00:00","modified_gmt":"2012-11-05T09:00:00","slug":"technical-analysis-msci-world-index-the-bullish-dynamic-resumes","status":"publish","type":"post","link":"https:\/\/www.etfworld.com\/ch\/technical-analysis-msci-world-index-the-bullish-dynamic-resumes\/","title":{"rendered":"Technical Analysis: MSCI World Index: The bullish dynamic resumes"},"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  MSCI World&nbsp; index&nbsp; is&nbsp; composed of 1910&nbsp; stocks&nbsp; listed&nbsp; in 23&nbsp;   countries around&nbsp; the world,&nbsp; selected&nbsp; to&nbsp; represent 85% of&nbsp; the global   market&nbsp; capitalization while&nbsp; reflecting&nbsp; the&nbsp; economic&nbsp; diversity&nbsp;  of&nbsp;  the market.<\/span><\/span>&#8230;&#8230;.<\/span><span lang=\"EN-GB\"><\/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;\">This&nbsp;  index&nbsp; evolves&nbsp; in&nbsp; a&nbsp; bullish&nbsp; trend, which resumed  thanks&nbsp; to a  reverse head-and-shoulders pattern triggered in July 2012.  The  orientation of the 100-day moving average also confirms the  direction  of the trend. Despite the recent consolidation phase, the  dynamic is  still valid and should unfold during the coming months. We  are bullish  over the medium term.<\/div>\n<p style=\"text-align: center;\"><img loading=\"lazy\" decoding=\"async\" class=\" size-full wp-image-15392\" alt=\"05112012\" src=\"http:\/\/starthostunlimiteddmffassi-ss.stackstaging.com\/etfworld.ch\/home\/vl27cm72\/etfworld.ch\/wp\/home\/vl27cm72\/etfworld.ch\/wp-content\/uploads\/2012\/11\/05112012.png\" height=\"304\" width=\"519\" srcset=\"https:\/\/www.etfworld.com\/ch\/wp-content\/uploads\/2012\/11\/05112012.png 519w, https:\/\/www.etfworld.com\/ch\/wp-content\/uploads\/2012\/11\/05112012-300x176.png 300w\" sizes=\"auto, (max-width: 519px) 100vw, 519px\" \/><\/p>\n<p>&nbsp;&nbsp; <strong>&nbsp;<\/strong><br \/><strong>Anticipation :&nbsp; <\/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 brought prices back&nbsp; to the 1294 points  support, former resistance corresponding to august 2012 highs. The  reaction on this level is bullish. This polarity confirms, once again,  the direction of the trend, and a new test of the 1351 points resistance  can thus be anticipated in the near future. The trend is clearly  bullish in the short term.<\/p>\n<div style=\"text-align: justify;\">We  set the invalidation threshold of this scenario slightly below the 1294  points support. Its breach would indicate the continuation of the  corrective move towards the 1269 points major support.<\/div>\n<p> &nbsp;<\/p>\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;\">1305,77<\/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;\">1351 \/ 1373 pts<\/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\">1294 \/ 1269 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<div style=\"text-align: justify;\"><strong>Follow-up Analysys: <\/strong>On&nbsp;  October&nbsp; 29th,&nbsp; we&nbsp; recommended&nbsp; the purchase of&nbsp; the Stoxx Europe  600  Personal &amp; Household Goods Net Return index. Since then,&nbsp;  prices&nbsp;  resumed&nbsp; their&nbsp; bullish&nbsp; dynamic and&nbsp; are&nbsp; now&nbsp; approaching&nbsp;  our&nbsp;  target,&nbsp; at 500.60 points.<\/div>\n<p> <span lang=\"EN-GB\"><\/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 MSCI World&nbsp; index&nbsp; is&nbsp; composed of 1910&nbsp; stocks&nbsp; listed&nbsp; in 23&nbsp; countries around&nbsp; the world,&nbsp; selected&nbsp; to&nbsp; represent 85% of&nbsp; the global market&nbsp; capitalization while&nbsp; reflecting&nbsp; the&nbsp; economic&nbsp; diversity&nbsp; of&nbsp; the market.&#8230;&#8230;.<\/p>\n","protected":false},"author":1,"featured_media":15030,"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-12539","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\/12539","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=12539"}],"version-history":[{"count":0,"href":"https:\/\/www.etfworld.com\/ch\/wp-json\/wp\/v2\/posts\/12539\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.etfworld.com\/ch\/wp-json\/wp\/v2\/media\/15030"}],"wp:attachment":[{"href":"https:\/\/www.etfworld.com\/ch\/wp-json\/wp\/v2\/media?parent=12539"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.etfworld.com\/ch\/wp-json\/wp\/v2\/categories?post=12539"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.etfworld.com\/ch\/wp-json\/wp\/v2\/tags?post=12539"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}