Long term: lower?
On a yearly basis, Bollinger bands are down. Our technical analysis management tools will continue to decline. MY will act as a resistance for two periods or more.
On a quarterly basis, a PEI could develop with our technical analysis management tools. LQ is our main support.
On a monthly basis, the UM / LM spread could be a reference one. A bullish no-crossover is the status for our stochastic. As long as PM proves to be a resistance, LM could be a target.
Idea: towards UM if PM fails as a resistance
Bet: PM as a PEI.
R = PM (1.631), UM (1.6859) S= LM (1.4722)
Medium term: without trendOn a weekly basis, UW / LW spread is minimal. A NEI is in progress with our technical analysis management tools. MW is a strong resistance and LW is our main support.
Idea: towards LW
Bet: nothing to do.
R = MW (1.5759); S = LW (1.5354)
Short term: technical recovery
On a daily basis, Bollinger bands spread is wide. A NEI is in progress with our technical analysis management tools. As long as MD acts as a resistance, LD could be our first support.
Idea: a bearish no-crossover could develop with our moving averages.
Bet: not higher than MD.
R = MD (1.5819); S = LD (1.5457).
Conclusion: as long as MD = resistance, LW is our first support.