* Today's Sector Analysis: "Financials " Institutional Technical Viewpoint
Buy Alert! US Dollar Index  ($USD): $79.94 Stop.  $78.99 P-Stop  $82.00 P-Objective
Dow Jones Ind: 13,104.14 plus 166.03 Jan 2, 2013 * Price Objective: 13,800    Volume Two No. 2446

I SHARES MSCI CHINA INDEX ETF (MCHI-NYSE): Technical Viewpoint: From a low of $40.89 on Sep 26, 2012 prices rallied, reaching a high of $46.20 on Nov 2, 2012. A decline saw prices pull back, reaching a low of $43.16 on Nov 16, 2012. Another rally saw prices penetrate resistance, closing 12/31/12 at $48.50. Technicals: MACD Index (MACD): A Buy Alert! was given on Dec 31, 2012 when the solid line crossed the dotted line to the upside. Support: Remains at $47.72. Resistance: Is at None at current levels. Point & Figure: Reversed to the upside on Dec 10, 2012. A P&F upside reversal takes place at $45.00. Summary: Technical indicators have turned bullish. BUY! I SHARES MSCI CHINA INDEX ETF (MCHI-NYSE) @ $48.63 Stop: Use a protective stop of $46.63. I SHARES MSCI CHINA INDEX ETF is currently trading @ $48.50 plus $0.93 on Jan 2, 2013. Price Objective: $63.00. Risk/Reward: $2.00 VS. $14.38. Today's Risk Reward Ratio: 7:1

Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study

View full size chart
Price Objective:
$63.00 Risk/Reward:
$2.00 VS. $14.38 Risk/Reward Ratio:

  Posted: Feb 5, 2013  ETPS PLATINUM TRUST (PPLT-NYSE)
  Posted: Jan 7, 2013  HOLDRS Oil Service ETF (OIH-NYSE)
  Posted: Sep 10, 2012  SPDR S&P METALS & MINING ETF (XME-NYSE)
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