Long term: towards MM?

On a monthly basis, as long as M7 is up, MM is our main support.

Idea: a technical correction could develop.

Bet: nothing to do.

R= UM (128.97);   S= MM (95.13)

Medium term: trading range

On a weekly basis, volatility is a reference one. A bearish no-crossover could develop with our MACD.

Idea: PW is our first resistance and UW is a strong one.

Bet: decline with a close below MW.

R = PW (119.12), UW (123.6);     S = LW (104.65)

Short term: trading range

On a daily basis, UD / LD spread is above a reference one. Below MD, LD is our next objective.

Idea: UD is our main resistance

Bet: nothing to do.

R = UD (115.6);    S= MD (109.37), LD (103.15)

Conclusion: nothing to do.