Long term: bullish

On a quarterly basis, the trend for Bollinger bands spread is increasing. Our 7 / 23 quarters moving averages are up. Our stochastic and MACD will continue to rise.

On a monthly basis, as long as our MACD is not overbought, the rise in progress will continue or amplify.

Idea: higher for some periods on a quarterly basis.

Bet:  above 130

R= 130, +, ++;    S= MM (122.4)

Medium term: bullish parallel pattern

On a weekly basis (continuous contract), a bullish parallel pattern is in progress.

Idea:  use bullish parallel rules

Bet: a new parallel qualification will develop in June

R = 130, +, ++ ;   S = MD (126.62)

Short term: bullish

On a daily basis, as long as MD proves to be a support, a decline is only a technical move.

Idea: nothing to do

Bet:

R = 130, +, ++   S = MD (126.62)

Conclusion: add long position with a new parallel qualification on a weekly basis