Technical Commentary :
The Stoxx Europe 600 Oil & Gas index is composed of the 33 most traded companies among the European Energy sector…...
Day By Day – Indipendent Research
We are positive in the short term and we set the invalidation level of this scenario slightly below the 324.60 support, last rebound level.
|2 months Opinion||BULLISH|
|2 weeks Opinion||POSITIVE|
|Resistances||342,4 / 352,5 pts|
|Supports||324,6 / 304,5 pts|
Follow-up Analysys: On July 9th, we recommanded the purchase of the EuroMTS 5-7 years index. Since then, prices have kept progressing and are now approaching our target at 183.90 points.
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Source: ETFWorld – Day By Day – Indipendent Research