CAC 40: technical recovery
On a yearly basis, stochastic and MACD could continue to be overbought for two periods or more. As long as MY (end of period) proves to be a resistance, the main trend is not bullish.
Idea: MY is a strong resistance
Bet: bearish for two periods or more.
R = MY (3711); S =2401
Nasdaq 100: towards UY
On a yearly basis, a PEI is the status for our moving averages. Stochastic and MACD are oversold for two periods or more.
Idea: towards UY
Bet: no technical correction before 2015.
R = UY (3120); S = MY (1584)
CAC 40: without clear trend
On a quarterly
basis, LQ / UQ spread is maximal. Our MACD is not oversold yet.
Idea: MQ is a strong resistance
Bet: a bearish no-crossover could be the status for
our moving averages.
R = MQ (4011); S = PQ (2565)
Nasdaq 100: could
turns bullish in early 2014
On a quarterly basis, LQ / UQ spread is expending with
a NEI. A bullish no-crossover is in progress with our stochastic and our MACD. A
type I or II is not ruled out.
Idea: like a bullish trend
Bet: a type I or II.
R = UY (3120); S = MQ (1903)
CAC 40: technical recovery
On a monthly basis, with a NEI as a status for our moving averages, a bullish trend is impossible.
Idea: MM could be a resistance
Bet: towards PM with an oversold status for our MACD.
R = MM (3599); S = MW (3224)
Nasdaq 100: rise
On a monthly basis, a PEI is in progress with our moving averages.
Idea: higher
Bet: towards UY.
R = UY (3128); S = MM (1584)
Conlusion: buy Nasdaq 100 not the CAC 40.