Long term: lower?
On a quarterly basis, a bullish no-crossover is always the status for our moving averages. Our stochastic and MACD are overbought.
On a monthly basis, UM / LM spread could expend. A NEI is the status for our moving averages.
Idea: lower below PM
Bet: UM trend is the key.
R= MM (1.0293); S= PM (.9474), MQ (.9087)
Medium term: lower?
On a weekly basis, UW / LW spread is expending. A NEI is the status for the monthly time frame.
Idea: lower as long as our MACD is not oversold
Bet: towards PM.
R = UD (1.0064); S = PM (.9474)
Short term: bearish parallel pattern
On a daily basis; with a close above MD, UD is our next objective.
Idea: use bearish parallel rules
Bet: a close above MD is likely.
R = MD (.9841), UD (1.0064); S = LD (.9618)
Conclusion: close short position today?