Long term: focus on the quarterly basis.
On a yearly basis, our stochastic and MACD are oversold. Our 7 / 23 years moving averages are up with a PEI. UY is our first resistance.
On a quarterly basis, a type II will be in progress if LQ trend is down at the end of March. Otherwise, a bearish divergence is likely for our stochastic.
On a monthly basis, a type III is not in progress (NEI with monthly MACD).
Idea: use monthly parallel rules
Bet: bullish as long as MM= support.
R= UM (2958), S= MM (2581), LM (2163).
Medium term: rise but not bullish
On a weekly basis, UW / LW spread is expending. A PEI is the status for our stochastic and MACD. A NEI is in progress with our moving averages and on the upper time frame.
Idea: use our weekly MACD as a leading indicator
R= UW (2830); S=MW (2696).
Daily basis: higher
A bullish no-crossover is the status of our stochastic and MACD. A NEI is in progress on the upper time frame.
Idea: use our daily MACD as a leading indicator
R= UW (2831); S= MD (2765)
Conclusion: higher, on a medium term basis, as long as MW= support.