Yearly trend: bullish for more than 2 years.

On a yearly basis, a bullish parallel pattern is in progress. The dynamic for each band is very strong. PY will cross MY in more than two periods. One of the most bullish pattern ever seen (since the end of XIX century). 

Idea: bullish non-crossover for our stochastic.

 

 

Long term: quarterly bullish parallel pattern

On a quarterly basis, the pattern is a bullish parallel one. The dynamic for our 7 / 23 quarters moving averages is bullish. The status in progress for our MACD is a bullish non-crossover with an oversold status for our stochastic. A new bull move is in progress.

On a monthly basis, a new bearish dynamic is in progress with LM. Our 7 / 23 moving averages will continue to rise with a bullish non-crossover as a status. With our stochastic, the status is similar. As long as MM proves to be a support, a decline is only a technical move.

Idea:  the bull trend will expend for some quarters

R = UQ (1100), +++ (could be above 2 000);    S = MM (911)

 

Medium term: weekly bullish parallel pattern

On a weekly basis, PW crossed MW with a nice bearish dynamic for LW, a bullish trend for our monthly basis and without correction. Our 7 / 23 weeks moving averages are up with a bullish non-crossover as a status. The same pattern is in progress our stochastic and MACD.  PW is a strong support.

Idea: LW will continue to deep.

R = UQ (1100), +++;       S = PW (1006)

  

Short term: new bullish pattern?

On a daily basis, UD / LD spread is minimal. As long as MD proves to be a support, a bullish ATDMF pattern could develop (bullish pre-parallel).

Idea: as long as LD = support, a decline is only a technical move.

 

R = UQ (1100), +++;       S = MD (1052), LD (1035)

  

Conclusion: as long as 999 prove to be a support, hold long positions.