Long term: bullish

On a yearly basis, Bollinger bands spread is increasing. The status for TAM tools is a PEI for each one. As long as no NEI will develop on a monthly basis, the rise in progress could extend for some periods.

On a quarterly basis, a bullish no-crossover is in progress with our 7 / 23 quarters moving averages. The pattern in progress is a parallel one.

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

Idea: use monthly bullish parallel rules

Bet: end of the current financial world within two years.

R = UM (137.4),   + + + ;    S = PM (129.79)

Medium term (Sept. 2012contract): type I in progress

On a weekly basis a type I occurred.

Idea: use bullish parallel rules

Bet: higher.

R = UW (136.21)   S = PW (132.8), MW (131.69)

Short term: bullish parallel pattern

On a daily basis, a bullish parallel pattern is in progress.

Idea: use bullish parallel rules

Bet: higher.

R = UD (135.11);    S = MD (134.03)

Conclusion: bullish for some months.