Archives pour la catégorie CAC 40

CAC 40: daily basis, use bullish parallel rules

Long term basis: lower

On a yearly basis, stochastic and MACD could continue to be overbought for two periods or more.

On a quarterly basis, LQ / UQ spread is maximal. A PEI is the status for our moving averages. Our stochastic could be oversold soon.

On a monthly basis, TAM tools could continue to decline. Bollinger bands spread could stabilize.

Idea: lower as long as monthly MACD is not oversold

Bet: lower.

R = MM (3604);    S = PQ (2565), 2003 low / LQ (2254), LY (1324)

Medium term: rise

On a weekly basis, Bollinger bands spread is a reference one. A bullish no-crossover is the status for our stochastic and MACD. With a bear trend for our monthly moving averages, the rise in progress is only a technical move.

Idea: rise as long as our MACD is not overbought

Bet: nothing to do.

R = MM (3604);               S= MW (3150).

Short term: bullish parallel in progress

On a daily basis, a type III occurred.

Idea: use bullish parallel rules

Bet: higher as long as PD = support.

R = UD (3457);     S= PD (3308).

Conclusion: focus on PD.

CAC 40: focus on 3411

Long term basis: lower

On a yearly basis, stochastic and MACD could continue to be overbought for two periods or more.

On a quarterly basis, LQ / UQ spread is maximal. A PEI is the status for our moving averages. Our stochastic could be oversold soon.

On a monthly basis, TAM tools could continue to decline. Bollinger bands spread could stabilize.

Idea: lower as long as monthly MACD is not oversold

Bet: lower.

R = MM (3603);    S = PQ (2565), 2003 low / LQ (2236), LY (1313)

Medium term: rise

On a weekly basis, Bollinger bands spread is a reference one. A bullish no-crossover is the status for our stochastic and MACD. With a bear trend for our monthly moving averages, the rise in progress is only a technical move.

Idea: rise as long as our MACD is not overbought

Bet: nothing to do.

R = 3411, MM (3603);               S= MW (3120).

Short term: bullish parallel in progress

On a daily basis, a type III occurred.

Idea: use bullish parallel rules

Bet: higher as long as MD = support.

R = UD (3411);     S= MD (3271).

Conclusion: focus on MD.

CAC 40: UW = strong resistance

Long term basis: lower

On a yearly basis, stochastic and MACD could continue to be overbought for two periods or more.

On a quarterly basis, LQ / UQ spread is maximal. A PEI is the status for our moving averages. Our stochastic could be oversold soon.

On a monthly basis, TAM tools will continue to decline. Bollinger bands spread continue to increase.

Idea: lower as long as monthly MACD is not oversold

Bet: lower.

R = MM (3607);    S = PQ (2565), 2003 low / LQ (2236), LY (1313)

Medium term: neutral

On a weekly basis, Bollinger bands spread is a reference one. A bullish no-crossover is the status for our stochastic and MACD. M23 trend is down.

Idea: UW is a strong resistance and LW is our main support

Bet: nothing to do.

R = UW (3303);               S= MW (3096), LW (2849).

Short term: flat

On a daily basis, UD / LD spread is a reference one. TAM tools are neutral.

Idea: as long as MD = support, a bullish pre-parallel pattern could develop

Bet: towards LD if MD fails as a support.

R = UD (3240);     S= MD (3096), LD (2953)

Conclusion: focus on MD.

CAC 40: avoid French market

Long term basis: lower

On a yearly basis, stochastic and MACD could continue to be overbought for two periods or more.

On a quarterly basis, LQ / UQ spread is maximal. A PEI is the status for our moving averages.

On a monthly basis; for TAM tools, decline will continue.

Idea: lower as long as monthly MACD is not oversold

Bet: lower.

R = MM (3667);    S = PQ (2533), 2003 low / LQ (2364), LY (1115)

 

Medium term: bearish parallel in progress

On a weekly basis, a bearish parallel is in progress as long as MW proves to be a resistance at the close.

Idea: use bearish parallel rules

Bet: technical recovery in progress.

 

R = MW (3323), UW (4033);               S= LD (3049)

 

Short term: flat

On a daily basis, UD / LD spread is a reference one. TAM tools are without trend.

Idea: UD = resistance and LD = support

Bet: wait.

R = UD (3321);     S= MD (3185), LD (3049).

 

Conclusion: nothing to do.

 

CAC 40: PEI on weekly MACD?

Long term basis: towards LQ or lower

On a yearly basis, stochastic and MACD will continue to be overbought for two periods or more.

On a quarterly basis, LQ / UQ spread is maximal but could extend. A PEI is in progress with our moving averages. LQ is our first target.

On a monthly basis, Bollinger bands spread is a PEI.

Idea: next week, UM trend will be strongly up (and LM down)

Bet: a parabolic trend could develop with PM.

R = MM (3733);    S = 2003 low / LQ (2364), LY (1115)

 

Medium term: bearish parallel

On a weekly basis, a bearish parallel is in progress.

Idea: use bearish parallel rules

Bet: PEI for our MACD

 

R = PW (3250)               S= LQ (2364)

 

Short term: flat

On a daily basis, UD / LD spread is above a reference one.

Idea: wait economic news next Friday

Bet: UD is a strong resistance.

R = UD (3159);     S= LD (2772).

 

Conclusion: wait a PEI with our weekly MACD.

 

CAC 40 : wait the end of Q3

Long term basis: towards LQ or lower

On a yearly basis, TAM tools are neutral.

On a quarterly basis, LQ / UQ spread is maximal. A PEI is in progress with our moving averages. LQ is our first target.

On a monthly basis, Bollinger bands spread is a PEI. Next period; with an amplification of UM trend, a bearish pattern will be in progress.

Idea: weak as long as quarterly M 23 is not bullish

Bet: below LQ if – 8 (3936) proves to be a resistance at the current close.

R = MM (3738);    S = 2003 low / LQ (2401), LQ (2377), LY (1121)

 

Medium term: bearish parallel

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

Idea: use bearish parallel rules

Bet: focus on UW trend for 9….

 

R = PW (3528)               S= LQ (2377)

 

  

Short term: flat

On a daily basis, TAM tools are neutral.

Idea: nothing to do  

Bet: lower with a PEI on the weekly stochastic.

R = UD (3284);     S= LD (2970).

 

Conclusion: wait early October.

 

CAC 40: weak in June and bearish afterwards?

Long term basis: not yet bullish

On a yearly basis, the status for our stochastic is overbought. With our 7 / 23 years moving averages, a bearish B type crossover will develop before 2014.  As long as MY (end of period) proves to be a support, the recovery could continue. Next supports are 2003 low and LY.

On a quarterly basis, LQ / UQ spread is maximal. MQ is our next resistance. Above MQ, UQ is our next target. But, a bearish no-crossover could develop with our moving averages. With this hypothesis, LQ is our main objective.

On a monthly basis, Bollinger bands spread is minimal. With a NEI in progress on the quarterly basis, as long as MM proves to be a support, UM is our maximal target. With a close below MM, May 2010 low is our first objective and LM / PM is the next one.

Idea: weak as long as quarterly M 23 is not bullish

Bet: on a quarterly basis, a bearish no-crossover could develop with our moving averages.

R = MQ (4330);    S = MM (3801), May 2010 low (3287), 2003 low (2401)

 

Medium term: weak

On a weekly basis, UW / LW spread is minimal. Our stochastic and MACD are overbought. A bearish A type crossover is expected. With a NEI on the monthly time frame, no bear trend could develop before the end of June.

Idea: towards MM as long as MW proves to be a resistance

Bet: a bearish pre-parallel could develop within one month.

 

R = MW (4010)               S= LW (3871), MM (3801)

  

 

Short term: weak

On a daily basis, a PEI is the status for our moving averages. A NEI is in progress with the weekly pattern.

Idea: as long as MD proves to be a resistance, more weakness is ahead.  

Bet: MD = strong resistance.

R = MD (3980);     S= LW (3871)

 

Conclusion: decline as long as MW (4010) = resistance.  

 

CAC 40 is weak and could be bearish after mid-June

Long term basis: not yet bullish

On a yearly basis, the status for our stochastic is overbought. With our 7 / 23 years moving averages, a bearish B type crossover will develop before 2014. As long as MY (end of period) proves to be a support, the recovery could continue. Next supports are 2003 low and LY.

On a quarterly basis, LQ / UQ spread is maximal. MQ is our next resistance. Above MQ, UQ is our next target. But, a bearish no-crossover could develop with our moving averages. With this hypothesis, LQ is our main objective.

On a monthly basis, Bollinger bands spread is minimal. With a NEI in progress on the quarterly basis, as long as MM proves to be a support, UM is our maximal target. With a close below MM, May 2010 low is our first objective and LM is the next one.

Idea: weak as long as quarterly M 23 is not bullish

Bet: on a quarterly basis, a bearish no-crossover could develop with our moving averages.

R = MQ (4330); S = MM (3788), May 2010 low (3287), 2003 low (2401)

Medium term: weak

On a weekly basis, UW / LW spread is minimal. Our stochastic and MACD are overbought. A bearish A type crossover is not ruled out. With a NEI on the weekly time frame, no bear trend could develop before mid-June.

Idea: towards MM as long as MW proves to be a resistance

Bet: a bearish no-crossover could develop within one month.

R = MW (4008) S= LW (3866), MM (3788)

Short term: weak

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

Idea: as long as MD proves to be a resistance, a bear trend could develop.

Bet: MD = strong resistance.

R = MD (4010); S= LW (3866)

Conclusion: bearish with a close below MM (3788).

CAC 40: weak on a short term basis

Long term basis: not yet bullish

On a yearly basis, the status for our stochastic is overbought. With our 7 / 23 years moving averages, a bearish B type crossover will develop before 2014. As long as MY (end of period) proves to be a support, the recovery could continue. Next supports are 2003 low and LY.

On a quarterly basis, LQ / UQ spread is maximal. MQ is our next resistance. Above MQ, UQ is our next target. But, a bearish no-crossover could develop with our moving averages. With this hypothesis, LQ is our main target.

On a monthly basis, Bollinger bands spread is minimal. With a NEI on the quarterly basis, as long as MM proves to be a support, UM is our maximal target. With a close below MM, May 2010 low is our first objective and LM is the next one.

Idea: weak as long as quarterly M 23 is not bullish

Bet: on a quarterly basis, a bearish no-crossover could develop with our moving averages.

R = MQ (4331); S = MM (3791), May 2010 low (3287), 2003 low (2401)

Medium term: without trend

On a weekly basis, a bullish no-crossover is in progress with our moving averages. The status for our stochastic and MACD could be overbought soon.

Idea: towards LW with an overbought status for our stochastic and towards UW with M7 up next week.

Bet: forget this market (same song since one year).

R = UW (4164) S= MW (3999), LW (3834)

Short term: without trend

On a daily basis, UD / LD spread will stay flat. A bearish A type crossover could develop with our moving averages. A bearish no-crossover is in progress with our stochastic and MACD.

Idea: LD is our first support

Bet: bearish propagation on upper time units.

R = UD (4140); S= LD (3912)

Conclusion: not bullish as long as MQ (4331) proves to be a resistance.