Long term: weak

On a yearly basis, Bollinger bands spread is not minimal. Our 7 / 23 years moving averages are slightly bullish. Stochastic is overbought. UY is our main resistance and MY is our main support.

On a quarterly basis, Bollinger spread is a reference one and UQ / LQ spread is expending. A bearish no-crossover is the status for our MACD. LQ is our first objective.

On a monthly basis, the UM / LM spread is above a reference one. A bearish no-crossover is the status for our stochastic. LM is our first support and MM is our main resistance.

Idea: lower as long as our monthly stochastic is not oversold

Bet: a quarterly bearish no-crossover will develop with our moving averages.

R= MM (1.3695);    S= LM (1.2717)

Medium term: weak

On a weekly basis, a bearish type A will develop.

Idea: lower with an overbought status for our stochastic

Bet: MACD will be overbought.

R = MW (1.3132), UW (1.3488);     S = LW (1.2777)

Short term: weak

On a daily basis, UD / LD spread is a reference one. No PEI is in progress.

Idea: LD is our first support

Bet: bearish pre-parallel before early May.

R = MD (1.3206);   S = MD (1.3012).

Conclusion: weak without a strong trend.

Long term: weak

On a yearly basis, Bollinger bands spread is not minimal. Our 7 / 23 years moving averages are slightly bullish. Stochastic is overbought. UY is our main resistance and MY is our main support.

On a quarterly basis, Bollinger spread is a reference one and UQ / LQ spread is expending. A bearish no-crossover is the status for our MACD. LQ is our first objective.

On a monthly basis, the UM / LM spread is above a reference one. A bearish no-crossover is the status for our stochastic. LM is our first support and MM is our main resistance.

Idea: lower as long as our monthly stochastic is not oversold

Bet: below LM is not ruled out.

R= MM (1.3675);    S= LM (1.2647)

Medium term: bearish parallel

On a weekly basis, a type III occurred.

Idea: use bearish parallel rules

Bet: towards LW.

R = MW (1.3215);     S = LW (1.2659)

Short term: lower

On a daily basis, UD / LD spread is a reference one. A PEI is the status for our stochastic and MACD.

Idea: lower as long as our MACD is not oversold

Bet: a type I or II could develop.

R = MD (1.3235);   S = LD (1.3005).

Conclusion: LM AS A FIRST TARGET.

Long term: flat

On a yearly basis, Bollinger bands spread is not minimal. Our 7 / 23 years moving averages are slightly bullish. Stochastic is overbought. UY is our main resistance and MY is our first support.

On a quarterly basis, Bollinger spread is a reference one and UQ / LQ spread is expending. A bearish no-crossover is the status for our MACD. LQ is our first objective.

On a monthly basis, the UM / LM spread is above a reference one. TAM tools will continue to decline. LM is our main target.

Idea: MM is a strong resistance

Bet: LM is our main support.

R= MM (1.3654), MQ (1.3945);    S= LM (1.2573), MY (1.2123)

Medium term: recovery

On a weekly basis, our stochastic and MACD are oversold. As long as M7 trend is up, the recovery in progress will continue.

Idea: above MW

Bet: towards MM is not ruled out.

R = MW (1.3335);     S = 1.3025, LW (1.2609)

Short term: technical recovery in progress

On a daily basis, a PEI is the status for our stochastic.

Idea: rise as long as our MACD is not overbought

Bet: higher for one week or more.

R = UD (1.3357), MM (1.3654);   S = MD (1.3009)

Conclusion: technical recovery in progress.

Long term: flat

On a yearly basis, Bollinger bands spread is not minimal. Our 7 / 23 years moving averages are slightly bullish. Stochastic is overbought. UY is our main resistance and MY is our first support.

On a quarterly basis, Bollinger bands spread is a reference one. A bearish no-crossover is the status for our MACD. LQ is our first objective.

On a monthly basis, the UM / LM spread is above a reference one. TAM tools will continue to decline. LM is our first target.

Idea: lower

Bet: towards LM.

R= MM (1.3596);    S= LM (1.2337), MY (1.2132)

Medium term: lower but not bearish

On a weekly basis, a PEI is in progress with our moving averages.

Idea: a PEI could develop with our stochastic and MACD

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

R = MW (1.3495);     S = LM (1.2337)

Short term: bearish parallels pattern

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

Idea: use bearish parallels rules.

Bet: € could dive.

R = MD (1.2954);   S = 1.2666 (current low), LM (1.2337)

Conclusion: lower.

Long term: flat

On a yearly basis, Bollinger bands spread is not minimal. Our 7 / 23 years moving averages are slightly bullish. Stochastic is overbought. UY is our main resistance and MY is our main support.

On a quarterly basis, Bollinger spread is a reference one. A bearish no-crossover is the status for our MACD. LQ is our first objective.

On a monthly basis, the UM / LM spread is above a reference one. TAM tools will continue to decline. LM is our main target.

Idea: lower

Bet: towards LM.

R= MM (1.3605), MQ (1.3943);    S= LM (1.2365) , MY (1.2132)

Medium term: lower but not bearish

On a weekly basis, a PEI is in progress with our moving averages.

Idea: a PEI could develop with our stochastic and MACD

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

R = MW (1.3589);     S = LW (1.2795)

Short term: technical recovery in progresslrt term: no trend965Y (1.4243amilliales) enance personnelle.tellis

On a daily basis, a bullish no-crossover is in progress with MACD. As long as M23 trend is down, a rise is only a technical recovery. Above PD, UD is our next objective.

Idea: Focus next Friday on M7 trend

Bet: bearish pre-parallels.

R = PD (1.3103), UD (1.3304);   S = LD (1.2832)

Conclusion: weak.

   Charts : ask to atdmfcahen@yahoo.fr

   Long term: flat with a bullish bias

On a yearly basis, Bollinger band spread is not minimal but is increasing. Our 7 / 23 years moving averages are slightly bullish. Stochastic and MACD are neutral. Above MW a bullish no-crossover should develop. UY is our first resistance and MY is our main support.

On a quarterly basis, Bollinger spread is a reference one. TAM tools are neutral. LQ is a very strong support.

On a monthly basis, the UM / LM spread is above a reference one. TAM tools are on the down side. LM is a strong support.

Idea: above MW, PQ will be a target

Bet: bullish trend if MQ fails as a resistance.

R= MW (1.4056), PQ (1.494);    S= LQ (1.2498)

Medium term: lower but not bearish

On a weekly basis, UW / LW spread is above a reference one. No PEI is in progress with TAM tools. As long as MW proves to be a resistance, the main trend is lower.

Idea: nothing to do

Bet: towards UW if MW fails as a resistance.

R = MW (1.4056), UW (1.473);     S = LD (1.3383)

Short term: rise

On a daily basis, LD is flat. A bullish no-crossover is in progress with our stochastic.

Idea: rise as long as our stochastic is not overbought

Bet: towards MW.

R = MW (1.4056);   S = MD (1.3642)

Conclusion: new long position with a weekly close above MW.

 (chart : ask to atdmfcahen@yahoo.fr)

 Long term: flat

On a yearly basis, Bollinger band spread is not minimal but is increasing. Our 7 / 23 years moving averages are slightly bullish. Stochastic and MACD are neutral. UY is a far away resistance and MY is our main support.

On a quarterly basis, Bollinger spread is a reference one. TAM tools are neutral. LQ is a very strong support.

On a monthly basis, the UM / LM spread is above a reference one. TAM tools are on the down side. LM is a strong support.

Idea: decline as long as our monthly stochastic is not oversold

Bet: without main trend.

R= MQ (1.3966);    S= LQ (1.2493)  

Medium term: lower but not bearish

On a weekly basis, UW / LW spread is above a reference one. No PEI is in progress with TAM tools. As long as MW proves to be a resistance, the main trend is lower.

Idea: nothing to do

Bet: .

R = MQ (1.3966);     S = LD (1.3212)

Short term: flat

On a daily basis, LD is flat. A bullish no-crossover could be in progress with our stochastic.

Idea: rise as long as our stochastic is not overbought

Bet: towards MQ.

R = MQ (1.3966), MW (1.4083);   S = MD (1.3557)

Conclusion: a short term recovery is in progress.

   Long term: towards LM if PM fails as a support

On a yearly basis, Bollinger band spread is not minimal but is increasing. Our 7 / 23 years moving averages are flat. Stochastic and MACD are neutral. UY is a far away resistance.

On a quarterly basis, Bollinger spread is a reference one. A bearish no-crossover is in progress with our MACD. With an overbought status for our stochastic, LQ will be our main target.

 On a monthly basis, the UM / LM spread is above a reference one. TAM tools are on the down side. Below PM, LM is our next objective.

Idea: focus on our quarterly stochastic

Bet: towards LM if PM fails as a support.

R = UM (1.4886);    S= PM (1.3174), LM (1.232)

Medium term: lower but not bearish

On a weekly basis, UW / LW spread is expending. A PEI is in progress with our MACD and no PEI is in progress with our monthly time frame. As long as MW proves to be a resistance, PM is our main target.

Idea: lower for some periods

Bet: PM will fail as a support.

R = MW (1.4227);     S = PM (1.3174)

 Short term: recovery above PD

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

Idea: Above PD, MD is our next objective

Bet: as long as MD = resistance, a rise will be only a technical recovery.

R = PD (1.3827), MD (1.4017);   S = PM (1.3174)

Conclusion: below PM as long as MD = resistance.

   Long term: towards LM if PM fails as a support

On a yearly basis, Bollinger band spread is not minimal but is increasing. Our 7 / 23 years moving averages are flat. Stochastic and MACD are neutral. UY is a far away resistance.

On a quarterly basis, Bollinger spread is a reference one. A bearish no-crossover is in progress with our MACD. With an overbought status for our stochastic, LQ will be our main target.

 On a monthly basis, the UM / LM spread is above a reference one. TAM tools are on the down side. Below PM, LM is our next objective.

Idea: focus on our quarterly stochastic

Bet: towards LM if PM fails as a support.

R = UM (1.4883);    S= PM (1.3174), LM (1.2319)

Medium term: lower but not bearish

On a weekly basis, UW / LW spread is minimal. A PEI is in progress with our MACD and no PEI is in progress with our monthly time frame. As long as MW proves to be a resistance, PM is our main target.

Idea: lower for some periods

Bet: PM will fail as a support.

R = MW (1.4263);     S = PM (1.3174)

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

Idea: use bearish parallels rules

Bet: above 9 periods for LD is likely.

R = PD (1.4076);   S = PM (1.3174)

Conclusion: bearish parallels pattern on a weekly basis is likely.