Archives mensuelles : décembre 2011

€ / $: quiet

Long term: flat
On a yearly basis, Bollinger band spread is not
minimal but is increasing. Our 7 / 23 years moving averages are slightly
bullish. Stochastic and MACD are neutral. UY is our main resistance and MY is
our main support.
On a quarterly basis, Bollinger spread is a reference
one. A bearish no-crossover is the status for our MACD. LQ is our first
On a monthly basis, the UM / LM spread is above a
reference one. TAM tools are on the down side. LM is our main target.
Idea: lower
Bet: towards LM.
R= MM (1.36), PQ (1.494);    S= LM (1.2322)
Medium term: lower but not bearish
On a weekly basis, UW / LW spread is above a reference
one. No PEI is in progress with TAM tools. As long as MW proves to be a
resistance, the decline could continue.
Idea: nothing to do
Bet: bearish below PW / LW.
R = MM (1.36), MW (1.3847);     S = PW (1.3212), LW (1.3103)
Short term: flat
On a daily basis, UD / LD spread is a reference one.
No PEI is in progress.
Idea: UD = strong resistance and LD = main support
Bet: wait early next year.
R = UD (1.3678);  
S = LD (1.3245)
Conclusion: weak.

Crude oil: higher

Long term: towards UQ
On a quarterly basis, a bullish no-crossover is in
progress with our moving averages and our stochastic.
On a monthly basis, our stochastic and MACD are not
yet oversold.
Idea: oversold status next month for our stochastic
and MACD
Bet: very bullish with a bullish no-crossover for our
monthly moving averages (before the end of 2011)
(110.54), UQ (120.63);   S= MM
(89.36), LM (68.17)
Medium term: rise
On a weekly basis, the status for UW / LW spread is expending. Rise as long as our MACD is not overbought.
Idea: UW is our first target
Bet: UM could be a strong resistance.
R = UW
(103.02);     S = MW (89.67)
Short term:
On a daily basis, a PEI is the status for our moving
Idea: above 103.36
(current high) May 2011 top is our next objective.
Bet: higher for
R = 103.36;    S= MD (98.46).
Conclusion: higher or bullish.