OIX vs. XOI



31.12.2010 - 0.64



Longer-term buy-signal à la thrust to the upside since rising above the (violet) triangle-leg at approx. 0.635. Sell-signal à la thrust to the downside in case of breaching the (green) leg, whereas slight & short breachings are not uncommon.
















































26.11.2010 - 0.63



No significant change.

 

Begleitindikatoren:

RSI: buy-signal since arriving & holding at the (violet) support - sell-signal when breaching it, or when reaching the 70-level.

 

ATR: the volatility starts to increase slightly.

 

ROC: sell-signal since breaching the (violet) support - buy-signal when rising above it, or when arriving & holding at the (green) support (sell-signal when breaching it).

 

MACD: sell-signal since both curves started to decrease recently.

 

AROON: with currently 32 points within the neutral- to sell-range.




































29.10.2010 - 0.63



No significant change.

 

Indicators:

RSI: buy-signal since rising above the (green) resistance - sell-signal when breaching this new support, or when reaching the (violet or red) resistance (buy-signal when rising above it).

 

ATR: no significant change.

 

ROC: sell-signal since reaching the (violet) resistance - buy-signal when rising above it, or when reaching the (violet) resistance (buy-signal when rising above it).

 

MACD: buy-signal since both curves started to increase recently.

 

AROON: with currently 40 points within the neutral- to sell-range.




































24.09.2010 - 0.63



No significant change.

 

Indicators:

RSI: buy-signal since rising above the (violet) resistance - sell-signal when breaching it, or when reaching the (red) resistance at 70 points.

 

ATR: the (green) support was arrived at lately anticipating an increase in volatility as long as no breaching occurs.

 

ROC: sell-signal since reaching the (violet) resistance (buy-signal when rising above it).

 

MACD: buy-signal since both curves started to rise recently.

 

AROON: with currently 68 points within the neutral- to sell-range.



































27.08.2010 - 0.63



During the last month, the (green) triangle-leg was tested, marked & confirmed various times as a new support  - without breachings of the (red) support hence generating buy-signals, whereas a longer-term buy-signal is issued when rising above the (violet) triangle-leg.

 

Indicators:

RSI: sell-signal since reaching the (violet) resistance.

 

ATR: still decreasing volatility.

 

ROC: sell-signal since breaching the (violet) support, whereas a buy-signal was generated at the (green) support staying active until reaching the (violet) resistance (further buy-signal when rising above it).

 

MACD: a sideways-consolidation takes place since reaching the (red) resistance - thus, no clear signal is producible.

 

AROON: with currently 28 points within the neutral- to sell-range.

 

 






























23.07.2010 - 0.63



The (green) triangle-leg was tested again & confirmed as support until today - thus, the buy-signal is still active until reaching the (violet) leg.

 

Indicators:

RSI: buy-signal since rising above the (green) resistance, whereas a sell-signal is positioned at the (violet) resistance (buy-signal when rising above it).

 

ATR: the (green) support was breached recently.

 

ROC: buy-signal since rising above the (green) resistance, whereas a sell-signal is poistioned at the (violet) resistance (buy-signal when rising above it).

 

MACD: buy-signal still active.

 

AROON: with currently -40 points within the neutral- to sell-range.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 


 


09.07.2010 - 0.63



During the last 2 weeks, a correction to the (green & red) support took place, whereas such a slight & short breaching does not generate a sell-signal (same to be considered at the violet resistance in terms of a buy-signal).

 

Indicators:

RSI: buy-signal when rising above the (green) resistance - hence, a sell-signal predominates at the moment.

 

ATR: no significant change.

 

ROC: buy-signal when rising above the (green) resistance - hence, a sell-signal predominates at the moment.

 

MACD: buy-signal since initial rise by both curves from the (green & blue) support.

 

AROON: with currently -76 points within the neutral- to buy-range.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 
 

 

 

 

 



 

 

 

 


25.06.2010 - 0.63


 

The close-up since mid 2005 shows the ratio rising within the (green) trend-channel & that the (violet) resistance forces the ratio into a consolidation since the end of 2008. Hence, a buy-signal is issued when breaking above the (violet) trendline & as well in case of another correction to the (green) trendline resp. triangle-leg.

 

Indicators:

RSI: sell-signal since breaching the (green) support.

 

ATR: correction since reaching the (green-dashed) resistance, whereas the (green) support was just met.

 

ROC: sell-signal since breaching the (green, grey & red) support. Buy-signal when rising above the (green) resistance, or in case of another correction to the (violet) support.

 

MACD: sell-signal since both curves decrease.

 

AROON: see below.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

1999-2003: the ratio trended sideways (i.e. both indexes performed relatively equally).

2003-2006: the ratio trended downwards (i.e. the XOI performed better than the OIX).

2006-today: the ratio trends upwards within the (green) trend-channel (i.e. the OIX performs better than the XOI).

Thus, with the assistance of the (red) trendlines, a sell-signal is generated when breaching the (red-green) support at approx. 0.60 & as well when rising to the (red) resistance.

 

Indicators:

RSI: sell-signal since breaching the (grey) support.

 

ATR: a strong increase in volatility is expected since arriving & holding at the (green) support - as long as no breaching of the current price-level takes place.

 

ROC: sell-signal since breaching the (green) support.

 

MACD: see above.

 

AROON: with currently 32 points within the neutral- to sell-range.