Analyse Technique et Conseils Boursiers

01/11/2012

Source : Reuters lire le PDF


The EuroSTOXX 50 benchmark of euro zone blue chips eased 0.2 percent to 2,488.94, but held above the bottom of the 2,440 to 2,570 range which it tried but failed to probe on Tuesday.

"We've hit the bottom of the range so we know we are going to test at least the middle of the range and possibly even the higher threshold. It's slightly more bullish than bearish because we are bouncing off the support," said Valerie Gastaldy at technical analysis firm Day By Day.

"To escape from the range... we need money to flow from bonds to equities and as long as I don't have that signal from bond market I can't be sure that we are going to really break above 2012 highs."

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