The S&P GSCI All Metals Capped COMMODITY index follows a significant bullish dynamic materialized by the formation of troughs and peaks which are higher and higher. A violent bearish correction ...
Day By Day – Indipendent Research
|2 months Opinion||BULLISH|
|2 weeks Opinion||POSITIVE|
|Resistances||384,1 / 406,3 pts|
|Supports||361,8 / 344,7 pts|
|Traker’s Name||Leverage||Expense ratio|
|AMUNDI ETF COMMODITIES SP GSCI METALS||x1||0,3%|
|RBS Market Access RICI Metals Index ETF||x1||0,6%|
Follow-up Analysys: Our DBD Tracker dated 01/07/2011 recommended the purchase of the European STOXX 600 Basic Resources index. Since then, our intermediate target of 583.60 points was reached, a performance of 2.4%.
* A leverage of 1 means that the ETF/Tracker has the same performance as the underlying index. A leverage of 2 indicates that the ETF/Tracker will have twice the performance of the underlying index. A leverage of -1 indicates that the ETF/Tracker will perform opposite that of the index: it will rise while the index falls, and vice versa.
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Source: ETFWorld – Day By Day – Indipendent Research