Long term:  MM (102.7) = strong resistance

On a yearly basis, a close occurred below LY and Bollinger bands are slowly down. A bearish non-crossover is the status for our 7 / 23 years moving averages. Our stochastic is overbought. A bullish non-crossover could develop with our MACD. The decline in progress could continue.

On a quarterly basis, UQ / LQ spread is increasing. A bearish A type crossover is in progress with our 7 / 23 quarters moving averages. Our stochastic and MACD are overbought. Decline will continue for some periods. On a monthly basis, a bullish divergence is the status for our monthly stochastic. Our 7 / 23 months moving averages are not bullish for some month (bearish non-crossover in progress). As long as our 7 / 23 months moving averages are bearish, a rise is only a technical recovery.

Idea: LM (89.22) is our main objective.

R = MM (102.7);     S = LM (89.23)

Medium term: flat

 On a weekly basis, Bollinger bands spread is wide. PW acted as a support without a bullish non-crossover as a status for our MACD. As long as our MACD is not overbought, the rise will continue.

Idea: technical recovery in progress.

R = UW (102.37);           S = MW (94.81), LW (87.24)

Short term: trading range

On a daily basis, Bollinger bands spread is not minimal. With the weekly trend, no bear pattern could be expected. LD (96.35) is a strong support and UD (100.83) is our main resistance.

Idea: nothing to do.

R = UD (100.83);   S = LD (96.35)

Conclusion: LW (87.24) could be a target within some weeks.