Six consecutive weeks of rising market shares have resumed more than 25. But are they able to make the password of 7 For Dow Jones, such performance dates back to April-May 2007. The CAC 40 index, is the oldest history, full euphoria of the dot-com bubble, at the end 1999. Graphical analysis point of view, the French index of the feature values still successfully break medium-term resistance installed last autumn. However, to continue this movement, this requires a swelling of the volumes, in the image of the Friday session, where the amount of the transactions in the securities of the CAC 40 has exceeded the cap of EUR 4 billion. While the average of the last months revolved around EUR 3 billion.
To agree to a scenario of recovery, the Vix volatility indicator, calculated on the S & P 500 index, fell to its lowest level for six months, at 34, proving that the spirits have calmed. The reason is it seems returned, it is not excluded that investors are tempted also to take some profits.

Overbought zones
For graphical analysis, the current position is fragile due to the continuous increase since early March. Technical indicators even indicate that markets are overbought zones. Remains whether buyers will always and increasingly more present to neutralize a salesperson pressure. Of course, everything will depend on the news.
Issue figures, calm should reign this week in the United States. Today, advanced indicators and orders for durable goods Friday. Nothing much salient. On the other hand, real estate statistics, sales of existing dwellings, Thursday, and assignment of housing former Friday might be more determinative. "The economic environment is still very unfavourable to the real estate market (strong deterioration of the labour market), but support policies put in place (Making Home Affordable) could facilitate stabilization", believe the experts of Natixis in their weekly letter markets. Last week, the news of the sector had testified of this cyclical difficulty. On the one hand, General Growth, owner of shopping malls, filed its balance sheet, strangled by debts $ 27 billion. On the other hand, building permits and housing starts have relapsed in March, to General surprise, after an equally surprising increase in February.
Maintain the flame
In Europe, the economic news will be richer. Operators will watch with interest mainly indicators German ZEW confidence, tomorrow, and IFO, Friday. Because, from the economic point of view, signs of recovery have been slow to come.
Lately, investors mostly had eyes riveted on the quarterly results of US companies. And especially the big banks, who were pleasantly surprised by displaying more than correct benefits. A Bank of America and Morgan Stanley and Wells Fargo Wednesday of last week, Goldman Sachs, Citigroup and JPMorgan Chase today and thus maintain the flame of the recovery.
Other sectors are not exempted to participate. A plethora of major groups and will engage in this exercise: IBM and Texas Instruments, today, Yahoo!, AMD, Caterpillar, Coca-Cola and Merck Tuesday, Apple, eBay, ATT, Boeing and McDonald's Wednesday, Microsoft and Amazon Thursday and 3 m Friday. Animation in perspective.