Long term: bullish

On a yearly basis, Bollinger bands are up. The status for our 7 / 23 years moving averages is a bullish non-crossover. Our stochastic and MACD will be oversold at the end of the year. 123.59 (historical high) is our first resistance.

On a quarterly basis, the spread UQ / LQ is minimal but is increasing. A bullish non-crossover is the status for our stochastic and MACD. 123.59 is our next objective. MW (115.59) is a strong support.

On a monthly basis, PM failed as a resistance. A bullish non-crossover is the status for our 7 / 23 months moving averages. Pattern with our Bollinger bands is a bullish parallel one.

 Idea: FED will act again in 2008 and 2009.

Medium term: nice bullish T2

On a weekly basis, a nice bullish T2 is in progress.

Idea: ATDMF pattern is in progress (don’t forget stop-loss)

Short term: bullish parallel pattern

On a daily basis, a bullish crossover PD / MD + dynamic for LD occurred. A bullish parallel pattern is in progress.

Idea: use bullish parallel rules.

Conclusion: above the Historical high.