Long term: above MQ?

On a yearly basis, Bollinger bands spread will stay flat. A bearish no-crossover is the status for our moving averages but our MACD is oversold.

On a quarterly basis, the trend for M23 is bearish. A bullish no-crossover is the status for our stochastic. A recovery towards or above MQ is expected.

On a monthly basis, the UM / LM spread is expending with a close above UM and a NEI is in progress on the upper time frame.

Idea: monthly MACD is our leading indicator

Bet: above MQ without a bullish trend.

R= MQ (88.01), 100, MY (105.74);    S= MM (79.7)

Medium term: type II in progress

On a weekly basis, a type II is in progress. LW trend is bearish with a bullish T9.

Idea: use parallel rules

Bet: towards 100 or above.

R = MQ (88.01);     S = PW (82.74).

Short term: type III in progress

On a daily basis, a type III is in progress.

Idea: use parallel rules

Bet: higher.

R = MQ (88.01);        S = MD (85.65).

Conclusion: towards MQ or higher.

 

Long term: towards MQ

On a yearly basis, Bollinger bands spread will stay flat. A bearish no-crossover is the status for our moving averages.

On a quarterly basis, our moving averages are down. Stochastic and MACD are oversold. A recovery towards MQ is not ruled out.

On a monthly basis, the UM / LM spread is minimal. Stochastic and MACD will continue to rise. With a NEI on the quarterly time frame, 84.18 (March 2012 high) is our first objective.

Idea: monthly stochastic is our leading indicator

Bet: above UM without a bullish trend.

R= UM (82.6), 84.18, MQ (88.62);    S= MM (79.24)

Medium term: higher but not yet bullish

On a weekly basis, Bollinger spread is a reference one. UM is a NEI.

Idea: weekly MACD is our leading indicator

Bet: a type I or II is likely.

R = UM (82.6);     S = MW (79.17).

Short term: higher

On a daily basis, a type I could develop before the end of the week (needs an oversold status for stochastic and MACD)

Idea: if a type I failed, MD will be our main target

Bet: MD is a very strong support.

R = UM (82.6);        S = MD (80.86).

Conclusion: towards UM or higher.

Long term: weak

On a yearly basis, Bollinger bands spread will stay flat. A bearish no-crossover is the status for our moving averages.

On a quarterly basis, our moving averages are down. Stochastic and MACD are oversold. A recovery towards MQ is not ruled out.

On a monthly basis, the UM / LM spread is minimal. Stochastic and MACD will continue to rise. With a NEI on the quarterly time frame, 84.18 (March 2012 high) could be an objective.

Idea: Stochastic as a leading indicator

Bet: above UM without a bullish trend.

R= UM (82.61), 84.18;    S= MM (79.23)

Medium term: higher but not bullish

On a weekly basis, Bollinger spread is a reference one. UM is a NEI.

Idea: weekly MACD is our leading indicator

Bet: higher for some periods.

R = UM (82.61);     S = MW (79.01).

Short term: higher

On a daily basis, UD / LD spread is expending. A PEI is the status for our moving averages.

Idea: daily MACD is our leading indicator

Bet: long (intraday basis).

R =  UM (82.61);        S = MD (80.25).

Conclusion: towards UM or higher.

 

Long term: a technical recovery is expected

On a yearly basis, Bollinger band spread could increase. A PEI is in progress with our moving averages.

On a quarterly basis, stochastic and MACD could be oversold next period.

On a monthly basis, UM is our next objective.

Idea: towards UM

Bet: rise as long as our monthly stochastic is not overbought.

R= UM (85.43), MQ (94.18);    S= MM (80.52)

Medium term: technical recovery

On a weekly basis, prices are above UW and the trend for LW is bearish. A NEI is the status of the monthly time frame and no PEI is in progress with TAM tools.

Idea: higher as long as our MACD is not overbought

Bet: focus on monthly M23 trend.

R = UM (85.43);     S = MW (78.81)

Short term: bullish parallel

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

Idea: use bullish parallel rules

Bet: towards UD.

R = UD (84.31);   S = MD (82.5)

Conclusion: technical recovery on a medium term basis.

Position: Previous = out, in progress = no position,  Next: out.

since 01/01 = NS

Long term: lower?

On a yearly basis, Bollinger band spread could increase. A PEI is in progress with our moving averages.

On a quarterly basis, a type I could develop.

On a monthly basis, a bearish parallel pattern is in progress.

Idea: use monthly bearish parallels rules

Bet: above MM is not ruled out.

R= MM (80.71), PM (82.75);    S= LM (75)

Medium term: a type II could develop

On a weekly basis, prices are above UW and the trend for LW is bearish. A NEI is the status of the monthly time frame and no PEI is in progress with TAM tools.

Idea: higher as long as our MACD is not overbought

Bet: a type II is expected in early March.

R = MM (80.71);     S = MW (77.41)

Short term: today, a type II is in progress

On a daily basis a bullish parallel pattern is in progress.

Idea: use bullish parallel rules

Bet: towards MM or above.

R = MM (80.71);   S = MD (77.65)

Conclusion: a medium bull trend is not ruled out.

Long term: lower

On a yearly basis, Bollinger band spread is increasing. A PEI is in progress with our moving averages.

On a quarterly basis, a type I could develop.

On a monthly basis, a bearish parallel pattern is in progress.

Idea: use monthly bearish parallels rules

Bet: towards LM.

R= MM (80.58);    S= LM (74.61), LQ (68.05)

Medium term: Bollinger bands spread is minimal and increasing

On a weekly basis, no PEI / NEI is in progress on TAM tools.

Idea: no bear trend could develop

Bet: lower as long as our stochastic is not oversold.

R = MW (77.12), UW (78.17);     S = LW (76.07)

Short term: decline

On a daily basis, Bollinger bands spread is above a reference one. No PEI is in progress with TAM tools.

Idea: MD is a strong resistance

Bet: decline as long as our MACD is not oversold.

R = MD (76.94);   S = LW (76.07)

Conclusion: decline for some weeks.

Long term: lower

On a yearly basis, Bollinger band spread is increasing. A PEI is in progress with our moving averages.

On a quarterly basis, a type I could develop.

On a monthly basis, a bearish parallel pattern is in progress.

Idea: use monthly bearish parallels rules

Bet: towards LM.

R= MM (81.3);    S= LM (74.48)

Medium term: Bollinger bands spread is minimal

On a weekly basis, a bullish no-crossover is the status for our moving averages and our MACD. A NEI is in progress with our monthly time frame.

Idea: rise as long as our MACD is not overbought.

Bet: towards MM is not ruled out.

R = UW (78.19), MM (81.3);     S = MW (77.17)

Short term: higher

On a daily basis; without a PEI, no bullish pattern could develop this week.

Idea: rise as long as our MACD is not overbought

Bet: nothing to do on a daily basis.

R = UW (78.19);   S = MD (77.04)

Conclusion: technical recovery in progress.

Long term:  bearish on a long term basis

On a yearly basis, Bollinger bands are down. A PEI is the status for our 7 / 23 years moving averages. Our stochastic and MACD are overbought. The decline in progress should continue for some periods. 

On a quarterly basis, a bearish A type crossover is in progress.

On a monthly basis; a bearish parallel pattern is always in progress. PM failed as a resistance with M7 up.

Idea: use monthly bearish parallel rules

Bet: towards UM if MM fails as a resistance.

R = MM (86.97), UM (94.98);     S = LM (78.97)

 

Medium term: rise

 On a weekly basis, Bollinger bands spread is expending. As long as our stochastic is not overbought, the rise in progress will continue.

Idea: no bull pattern with the monthly trend

Bet: MM could be a strong resistance.

R = MM (86.97)        S = MW (82.7)

 

 Short term: rise

 On a daily basis, UD / LD spread is expending. Without a PEI, no bull trend could be expected.

Idea: long for intraday basis?

Bet:

R = MM (86.97);   S = MD (82.01)

 

Conclusion: as long as UD / LD spread is not minimal, avoid this market.

 

Long term:  bearish on a long term basis

On a yearly basis, Bollinger bands are down. A PEI is the status for our 7 / 23 years moving averages. Our stochastic and MACD are overbought. The decline in progress should continue for some periods. 

On a quarterly basis, a bearish A type crossover is in progress. A PEI is the status for our stochastic and MACD. A qualification into a bearish parallel is not ruled out.

On a monthly basis; a bearish parallel pattern is always in progress. A PEI is in progress with our 7 / 23 months moving averages.

Idea: use monthly bearish parallel rules

Bet: towards 75 or lower.

R = PM (87.08);     S = 79.70 (Historical low), 75, – – -.

 

Medium term: without trend

 On a weekly basis, Bollinger bands are flat. A bearish no-crosover is in progress with our 7 / 23 weeks moving averages. With an overbought status for our MACD, LW will be our next objective.

Idea: bearish as long as MW proves to be a resistance

Bet: as long as our 7 weeks moving average is down, a bear trend could develop.

R = MW (82.50), UW (84.16);           S = LW (80.75)

 

 Short term: flat

On a daily basis, Bollinger spread is a reference one. With an oversold status for our stochastic and MACD, UD could be a target.

Idea: technical recovery in progress

Bet: UW is a strong resistance.

R = UD (83.09), UW (84.16);   S = LD (81.57)

 

Conclusion: technical recovery in progress (end of fiscal year in March).