Long term: higher
On a quarterly basis, a bullish type I could develop.
On a monthly basis, UM / LM spread is expending. A PEI is the status for stochastic and MACD.
Idea: a bullish monthly type II is not ruled out
Bet: rise as long as our monthly MACD is not overbought.
R= UM (144.63), +++; S= MW (138.85)
Medium term: higher
On a weekly basis, a close occurred above UW with a NEI between open and close. A bullish no-crossover is the status for our moving averages.
Idea: UW / LW spread will increase
Bet: towards UM without bullish signal.
R= UM (144.63); S= MW (138.85)
Short term: higher
On a daily basis, a weak bullish type I occurred
Idea: higher
Bet: rise as long as our MACD is not overbought.
R= UD (141.94); S= MD (140.06)
Conclusion: nothing to do.