Long term: lower
On a quarterly basis, our stochastic and MACD are overbought.
On a monthly basis, if 117.20 (current low) fails as a support, LM could be a target.
Idea: use our stochastic as a leading indicator
Bet: lower.
R= MM (120.16); S= 117.20, LM (111.9)
Medium term: bearish
On a weekly basis, Bollinger Bands spread is expending but MW is not flat.
Idea: use our MACD as a leading indicator
Bet: below PW.
R= MW (119.5); S= 117.20, PW (116.56)
Short term: bearish below 117.20
On a daily basis; with a bearish no-crossover as a status for our moving averages, a bear trend will develop.
Idea: short below PW
Bet: easy to see the main trend next Monday morning.
R= MD (118.62); S= 117.20
Conclusion: wait tomorrow afternoon.