Long term: towards UM or above

On a quarterly basis, a bullish no-crossover is in progress with TAM tools.

On a monthly basis, our MACD is not yet oversold.

Idea: very bullish when PM fails as a resistance

Bet: towards UM or above.

R= UM (110.98), UQ (121.96);   S= MM (90.42)

Medium term: rise

On a weekly basis, a   bullish pre-parallel pattern could develop.

Idea: UW is our first target

Bet: MW / PW could be a support.

R = UW (107.18);     S = PW (91.6)

Short term: without trend

On a daily basis; UD / LD spread is a reference one. TAM tools are without PEI.

Idea: nothing to do

Bet: wait for one / two weeks.

R = UD (104.64);    S= LD = (94.63).

Conclusion: nothing to do this week.