Long term: weak

On a quarterly basis, our MACD is the leading indicator.

On a monthly basis, UM / LM spread is above a reference one. A bearish no-crossover is the status for our stochastic and MACD.

Idea: use our MACD as a leading indicator

Bet: LM is our first support.

R= MM (95.06);   S= LM (79.43)

Medium term: weak

On a weekly basis, Bollinger Bands spread is a reference one. TAM tools are neutral.

Idea: stochastic and MACD could be oversold (rise) or a bearish no-crossover could develop (bearish)

Bet: use our stochastic as a leading indicator.

R = MW (91.17);     S = LW (83.68)

Short term: higher without a bullish trend

On a daily basis, a PEI is the status for our stochastic and MACD. NO PEI could develop on a weekly basis.

Idea: use our MACD as a leading indicator.

Bet: higher.

R = MW (91.17);    S= MD (86.15)

Conclusion: higher without a bullish trend.