Long term: towards UM???

On a yearly basis, Bollinger bands spread is shrinking. The trend for our 7 / 23 years moving averages is slightly up. Our stochastic is oversold with a weak bullish no-crossover. The same pattern is in progress for our MACD.

On a quarterly basis, LQ is slightly up but the UQ / LQ spread is wide. A bullish A type crossover is in progress with our 7 / 23 quarters moving averages. Our stochastic and MACD are overbought. Next period, a new pattern could emerge. As long as PQ proves to be a support, the decline in progress is only a technical move.

On a monthly basis, a bearish divergence is in progress for our stochastic. This pattern could / will be over at the end of the period. .Our MACD could be oversold too. With UM / LM spread; next month, UM / PM will be our main objective.

Idea: this change of analysis for long terms patterns was never seen (since 1970) in one week (have to be checked in early June)

Bet: next, fly to quality due to Historical Collapse for stock markets / old capitalism

 R = UM (124.59);    S = LM (113.75)

Medium term: Bollinger bands spread is minimal

On a weekly basis, a bullish pre-parallel will develop due to monthly MACD pattern. Our 7 / 23 weeks moving averages are not yet bullish.

Idea: MW is a strong support

Bet: if prices continue to rise, a special powerful up move will be in hand

R = UW (118.78), 121.23;      S = MW (117)

Short term: rise without bullish pattern

Idea: rise as long as our MACD is not overbought

Bet: MD = strong support

R = UW (118.78);       S = MD (116.94)

Conclusion: a new capitalist world could develop…