Long term: higher

On a yearly basis: Bollinger Bands are expending and a PEI is in progress for each component of TAM tools. The up trend should continue for two periods or more.

On a quarterly basis, a bullish parallel pattern is in progress.

On a monthly basis, a type I is in progress.

Idea: use monthly bullish parallel rules

Bet:  Historical new high is not ruled out.

R= PM (135.05), UM (136.73);    S= MM (130.93)

Medium term: weak

On a weekly basis, Bollinger Bands spread is minimal. TAM tools are down without any PEI / NEI.

Idea: use our stochastic as a leading indicator

Bet: lower as long as MW= resistance.

R= MW (132.84);   S= LD (131.55), MM (130.93)

Short term: higher

On a daily basis, a bullish no-crossover is in progress with our stochastic and MACD.

Idea:  use our stochastic as a leading indicator

Bet:  nothing to do.

R= UD (132.85);   S= MD (132.1)

Conclusion: on a medium term basis, weak as long as MW= resistance.