{"id":12547,"date":"2012-11-26T13:00:00","date_gmt":"2012-11-26T13:00:00","guid":{"rendered":"http:\/\/starthostunlimiteddmffassi-ss.stackstaging.com\/etfworld.ch\/home\/vl27cm72\/etfworld.ch\/wp\/index.php\/2012\/11\/26\/technical-analysis-msci-em-asia-index-towards-march-2012-highs\/"},"modified":"2012-11-26T13:00:00","modified_gmt":"2012-11-26T13:00:00","slug":"technical-analysis-msci-em-asia-index-towards-march-2012-highs","status":"publish","type":"post","link":"https:\/\/www.etfworld.com\/ch\/technical-analysis-msci-em-asia-index-towards-march-2012-highs\/","title":{"rendered":"Technical Analysis: MSCI EM Asia index: towards March 2012 highs"},"content":{"rendered":"<p style=\"text-align: justify;\"><span lang=\"EN-GB\"> <\/span><span style=\"font-family: arial,helvetica,sans-serif;\"><span style=\"font-size: 10pt;\"><span lang=\"EN-GB\"><strong>Technical Commentary<\/strong><\/span>: <span new=\"New\" lang=\"EN-GB\">The MSCI EM Asia index replicates the performance of the Asian large and medium cap market. <\/span><span lang=\"EN-GB\">&#8230;&#8230;<\/span><span lang=\"EN-GB\">\u00a0<\/span><\/span><\/span><\/p>\n<p>  <!--more-->  <\/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 style=\"font-family: arial,helvetica,sans-serif;\"><span style=\"font-size: 10pt;\"><span new=\"New\" lang=\"EN-GB\">This index has evolved in a\u00a0 bullish trend since a reversed head-an-shoulder pattern was triggered at the end of 2011. Such a reversal pattern generally\u00a0 allows a sustainable movement to unfold. The medium-term trend is bullish<\/span><\/span><\/span><\/div>\n<p style=\"text-align: center;\"><img loading=\"lazy\" decoding=\"async\" class=\" size-full wp-image-15395\" alt=\"26112012\" src=\"http:\/\/starthostunlimiteddmffassi-ss.stackstaging.com\/etfworld.ch\/home\/vl27cm72\/etfworld.ch\/wp\/home\/vl27cm72\/etfworld.ch\/wp-content\/uploads\/2012\/11\/26112012.png\" height=\"309\" width=\"466\" srcset=\"https:\/\/www.etfworld.com\/ch\/wp-content\/uploads\/2012\/11\/26112012.png 466w, https:\/\/www.etfworld.com\/ch\/wp-content\/uploads\/2012\/11\/26112012-300x199.png 300w\" sizes=\"auto, (max-width: 466px) 100vw, 466px\" \/><\/p>\n<p>\u00a0\u00a0 <strong>\u00a0<\/strong><br \/> <strong>Anticipation : <\/strong><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: arial,helvetica,sans-serif;\"><span style=\"font-size: 10pt;\"><span new=\"New\" lang=\"EN-GB\">In the shorter term, prices are also evolving in a bullish dynamic, alternating acceleration and consolidation phases. The latest\u00a0 consolidation phase has been contained by the 369.50 points support, corresponding to the 38% retracement ratio of the last\u00a0 bullish impulse. This solid level should allow the trend to resume towards the 387 points resistance \u2013 March 2012 highs. <\/span><\/span><\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: arial,helvetica,sans-serif;\"><span style=\"font-size: 10pt;\"><span new=\"New\" lang=\"EN-GB\">The 100-day moving average (ascending) is nearby and confirms our anticipation. <br \/> We are short-term bullish and we set the invalidation threshold of this scenario slightly below the 369.50 points support, which\u00a0 breach would generate a deeper correction towards the 360.40 points support. <\/span><\/span><\/span><\/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;\">378,65<\/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;\">387 \/ 396,3 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;\">369,5 \/ 364,4 pts<\/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><span style=\"mso-ansi-language: EN-GB;\" lang=\"EN-GB\">On November 19th, we recommended the<span style=\"mso-spacerun: yes;\">\u00a0 <\/span>purchase of the FTSE MIB index. Since<span style=\"mso-spacerun: yes;\">\u00a0 <\/span>then, prices bounced as expected, and are<span style=\"mso-spacerun: yes;\">\u00a0 <\/span>now heading towards our 15810 points<span style=\"mso-spacerun: yes;\">\u00a0 <\/span>target. <\/span><span style=\"mso-ansi-language: EN-GB;\" lang=\"EN-GB\"><br \/><\/span><\/div>\n<hr \/>\n<p> <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 EM Asia index replicates the performance of the Asian large and medium cap market. &#8230;&#8230;\u00a0<\/p>\n","protected":false},"author":1,"featured_media":15027,"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-12547","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\/12547","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=12547"}],"version-history":[{"count":0,"href":"https:\/\/www.etfworld.com\/ch\/wp-json\/wp\/v2\/posts\/12547\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.etfworld.com\/ch\/wp-json\/wp\/v2\/media\/15027"}],"wp:attachment":[{"href":"https:\/\/www.etfworld.com\/ch\/wp-json\/wp\/v2\/media?parent=12547"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.etfworld.com\/ch\/wp-json\/wp\/v2\/categories?post=12547"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.etfworld.com\/ch\/wp-json\/wp\/v2\/tags?post=12547"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}