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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 will 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. A type I could develop. The dynamic for our 7 / 23 quarters moving averages is strong and continue thru 2013. A PEI is in progress with our MACD.

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

Idea: use bullish parallel rules on a monthly basis

Bet: higher and higher (and nothing else in portfolios)

R = rise > 2 years, +++ (should be above 2 000, 3 000 and +++);    S = PM (1445.7), MM (1308.9)

  

 Medium term: focus on MACD

On a weekly basis, UW / LW spread is above a reference one. As long as our MACD is not overbought, the main trend remains bullish.

Idea: no correction before three weeks or more

Bet: higher.

 R= +;   S = MW (1510), PW (1483)

 

Short term:  type I in progress

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

Idea: if you don’t understand, read L’analyse technique aujourd’hui, la méthode ATDMF (Economica) or forget technical analysis.

Bet: use bullish parallel rules.

 

R = +;               S = MD (1558)

 

Conclusion: a New Gold Standard is not ruled out….

Position:

            Previous: out below PM (1445.7).

            In progress: hold on long position(s)

            Next: out below PM (1445.7).

 

PS: for our book (in French) or training (in English or French): atdmfcahen@yahoo.fr

 

Out of Europe between  29 of July and 5 August (morning)