Long term: 2400 or lower

On a yearly basis, MY (3375) will fail as a support. 3000 is our first target and 2400 is the next one. Our stochastic will be overbought at the end of Q4. With this hypothesis, 2400 will fail as a support. Below 2 000, LY (512 in 2008) will be our next objective.

On a quarterly basis, our 7 / 23 quarters moving averages crossover could be a bearish A type. Our MACD is overbought. LQ failed as a support (wait the end of Q4) and a nice dynamic could develop with UQ. With this hypothesis, 2400 is our next target.

On a monthly basis; Bollinger bands are diverging with a strong dynamic. A bearish crossover PM / MM occurred. A bearish parallel pattern is in progress for 4 to 15(?) periods.

Idea: if the dynamic for UQ increase, new lows (2400, 2000, LY) are expected.