S&P 500: bullish

Long term basis: towards UY?

On a yearly basis, Bollinger bands spread is shrinking slowly. Stochastic and MACD are not yet oversold.  As long as PY proves to be a resistance, MY could be an objective. Above PY, UY is our maximal target.

On a quarterly basis, LQ / UQ spread is maximal but shrinking. A bullish no-crossover is in progress with our stochastic and our MACD. UQ is our next target.

On a monthly basis, a PEI is in progress with our moving averages.

Idea: higher

Bet: towards UM or above.

R = UM (1415), PY (1471), UY (1649);    S = MM (1253)

Medium term: type I next week?

On a weekly basis, a type I is expected next week.

Idea: l’analyse technique aujourd’hui, la methode ATDMF is The book for this week-end

Bet: a type I could develop.

R = UM (1415);    S= MW (1277)

Short term: type I

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

Idea: use bullish parallel rules

Bet: higher.

R = UM (1415);                       S=MD (1363)

Conclusion:  rise as long as MD = support.

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