Technical Commentary : The MSCI World index is composed of 1910 stocks listed in 23 countries around the world, selected to represent 85% of the global market capitalization while reflecting the economic diversity of the market.…….
Day By Day – Indipendent Research
In the shorter term, the consolidation brought prices back 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.
|2 months Opinion||BULLISH|
|2 weeks Opinion||POSITIVE|
|Resistances||1351 / 1373 pts|
|Supports||1294 / 1269 pts|
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Source: ETFWorld – Day By Day – Indipendent Research