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 (94.97);   S= LM (79.13)

Medium term: weak

On a weekly basis, Bollinger Bands spread is above a reference one. TAM tools trend is down.

Idea: MW is our main resistance

Bet: use our stochastic as a leading indicator.

R = MW (90.75);     S = LW (82.14)

Short term: lower

On a daily basis, TAM tools are flat.

Idea: use our stochastic as a leading indicator.

Bet: nothing to do.

R = MD (88.77);    S= LD (83.15)

Conclusion: lower without a bearish trend.