Medium term: decline below MW

On a weekly basis, Bollinger bands spread is shrinking. Our technical analysis management tools are neutral. Below MW, LD is our next objective.

Idea:  away from this time frame

Bet: without trend for some periods.

R = PW (3947);               S= MW (3735), LW (3537)

Short term: without trend

On a daily basis, UD / LD spread is maximal. Without a PEI for our technical analysis management tools, UD is a strong resistance.

Idea: pseudo bearish no-crossover for our moving averages

Bet: towards LD if MD fail as a support.

R = UD (3904);     S= MD (3769), LD (3635)

Conclusion: without a rise next week, LD could be a target.