Long term: no idea
On a yearly basis, Bollinger band spread is not minimal. Our 7 / 23 years moving averages will be without main trend. Our stochastic could be overbought next period. Our MACD is not overbought.
On a quarterly basis, the status for our stochastic and MACD is a bearish no-crossover. Next pattern for our 7 / 23 quarters moving averages could be a bearish A type crossover.
On a monthly basis, the UM / LM spread was maximal but shrinking. A bearish A type crossover will be the next status for our 7 / 23 months moving averages. The status for our stochastic and MACD is overbought. PM failed as a support. As long as our stochastic is not oversold, LM / MY is our next target.
Idea: bear trend in progress
Bet: bearish as long as MM proves to be a resistance.
R = MM (1.3810), UY (1.5087); S= LM (1.254), MY (1.2118)
Medium term: bearish parallel pattern
On a weekly basis, a bearish parallel qualification is in progress.
Idea: use bearish parallel rules
Bet: towards MW next month
R = MW (1.3963); S = MD (1.3483)