Yearly trend: in 2012 /2013, qualification in a new bullish parallel pattern

On a yearly basis, a bullish parallel pattern is in progress with a strong dynamic for LY. PY could cross MY next period. A PEI is in progress with our stochastic. On a global Historical basis, one of the most bullish pattern ever seen (since the end of XIX century). 

Idea: LY will continue to decline for two periods or more

Bet: S&P 500 rise in the 1986 / 2000 as a benchmark.

 

Long term: bullish parallel on a quarterly basis

On a quarterly basis, the pattern is a bullish parallel one. The dynamic for our 7 / 23 quarters moving averages is strong and continue thru 2013. A PEI is in progress with our stochastic and MACD.

On a monthly basis, a type III PEI is in progress.

Idea: use bullish parallel rules on a monthly basis

Bet: a new type III on a quarterly basis could develop.

R = rise > 2 years, +++ (should be above 2 000, 3 000 and +++);    S = PM (1373.9)

  

  

Medium term: bullish parallel pattern in progress

On a weekly basis, a type II in progress.

Idea: use bullish parallel rules

Bet: PEI for our stochastic.

 R= + + +;   S = MW (1417.3)

 

Short term:  bullish parallel pattern

On a daily basis, a type III is in progress.

Idea: use bullish parallel rules

Bet: PEI with our MACD.

 

R =  + + +;               S = PD (1526.3), MD (1493.4)