Long term: towards 1.0345 (Historical low)

On a yearly basis, Bollinger bands spread is minimal. Our stochastic is overbought and our MACD will be overbought in early Q1 2009. LY (1.3916) is our first target and 1.0345 is the next one.

On a quarterly basis, Bollinger bands spread is not maximal and increase. A bearish non-crossover is in progress with our stochastic. For our 7 / 23 quarters moving averages, a bearish A type crossover will develop. LY will fail as a support.

On a monthly basis, the dynamic for each Bollinger band is very strong.  A bearish crossover PM and MM occurred with a dynamic for each Bollinger band. The status for our stochastic and MACD is a bearish non-crossover. A bearish parallel pattern is in progress.

Idea: quarterly bearish parallel pattern.