Technical Commentary :
The EuroMTS 5-7 year index is a Eurozone government bonds basket index, whose durations range from 5 to 7 years. Coupons are reinvested.....
Day By Day – Indipendent Research
|2 months Opinion||BULLISH|
|2 weeks Opinion||POSITIVE|
|Resistances||183,9 / 186,4 pts|
|Supports||180 / 177,3 pts|
Follow-up Analysys: On July 2nd we recommended the purchase of the MSCI Brazil index ETFs related. Since then, the bounce we expected on the 2400 points major support occurred and our 2645 points target has been reached within a powerful rally: the performance is +2.1%.
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Source: ETFWorld – Day By Day – Indipendent Research