Archives pour la catégorie Indices

CAC 40: higher but

Long term basis: not yet bullish

On a yearly basis, stochastic and MACD could continue to be overbought. As long as MY (end of period) proves to be a resistance, the main trend is not bullish.

On a quarterly basis, LQ / UQ spread is shrinking. Our stochastic and MACD are oversold. Our moving averages trend is bearish.

On a monthly basis; for M23, the trend is bearish. Our stochastic and MACD are oversold.

Idea: monthly stochastic is our leading indicator

Bet: UM as a first resistance.

R= UM (3823), 4145 (Jan 2011 high);    S= MM (3354)

Medium term: higher without bull trend.

On a weekly basis, a bullish no-crossover is the status for each TAM tool. A NEI is in progress with our monthly M23.

Idea: higher as long as our MACD is not overbought

Bet: towards UM is likely.

R= UM (3823);               S= MW (3571).

Short term: technical correction

On a daily basis, our moving averages are up but our MACD is not oversold.

Idea: end of correction when our MACD will be oversold

Bet: nothing to do.

R= UD (3788);     S= MD (3735), LD (3683).

Conclusion: if you want to add a long position, buy S&P 500.

S&P 500: above Historical High?

Long term basis: Above Historic High as long as monthly MACD is not overbought

On a yearly basis, PY failed as a resistance. Stochastic is oversold. Our moving averages could continue to rise. UY is our main target if 1576 (current high) fails as a resistance.

On a quarterly basis, Bollinger Bands spread is maximal but could increase. A bullish no-crossover is the status for our stochastic and MACD. UQ (1554) is our first target.

On a monthly basis, a bullish no-crossover is the status for each TAM tool. M23 is not flat.

Idea: monthly MACD is our leading indicator

Bet: with a no-crossover status for our monthly stochastic and MACD in early February, 2013 will be a bullish year.

R = 1576, UY (1667), +++;    S = MM (1321)

Weekly basis: a bullish T2 is in progress

On a weekly basis, a bullish pattern is in progress.

Idea: use T2 / T4 rules

Bet: parallel.

R = 1576;    S= MW (1432)

Daily basis:  type I in progress

A bullish parallel is in progress.

Idea: use parallel rules

Bet: add a new long position.

R= 1576;                       S= MD (1460)

Conclusion: above Historical High is expected

CAC 40: higher, but

Long term basis: not yet bullish

On a yearly basis, stochastic and MACD could continue to be overbought. As long as MY (end of period) proves to be a resistance, the main trend is not bullish.

On a quarterly basis, LQ / UQ spread is shrinking. Our stochastic and MACD are oversold. Our moving averages trend is down.

On a monthly basis; for M23, the trend is bearish. Our stochastic and MACD are oversold.

Idea: monthly stochastic is our leading indicator

Bet: UM as a first resistance.

R= UM (3861), 4145 (Jan 2011 high);    S= MM (3362)

Medium term: higher without bull trend.

On a weekly basis, a bullish no-crossover is the status for each TAM tool. A NEI is in progress with our monthly M23.

Idea: higher as long as our MACD is not overbought

Bet: towards UM is likely.

R= UM (3861);               S= MW (3532).

Short term: higher

On a daily basis, M23 is not flat. A weak bullish no-crossover is the status for our moving averages.

Idea: daily MACD is our leading indicator

Bet: nothing to do.

R= UM (3861);     S= MD (3694).

Conclusion: if you want to add a long position, buy S&P 500.

S& P 500: above Historical High is likely

Long term basis: Above Historic High as long as monthly MACD is not overbought

On a yearly basis, PY failed as a resistance. Stochastic is oversold. Our moving averages could continue to rise. UY is our main target if 1576 (current high) fails as a resistance.

On a quarterly basis, Bollinger Bands spread is maximal but could increase. A bullish no-crossover is the status for our stochastic and MACD.UQ (1551) is our first target.

On a monthly basis, a bullish no-crossover is the status for each TAM tool. M23 is not flat.

Idea: monthly MACD is our leading indicator

Bet: with a no-crossover status for our monthly stochastic and MACD in early February, 2013 will be a bullish year.

R = 1576, UY (1683), +++;    S = MM (1321)

Weekly basis:  a bullish T1 is expected

On a weekly basis, Bollinger bands spread is a minimal one. With a downtrend for LW, a bullish T1 will develop.

Idea: focus on LW trend (if a close above UW occurs)

Bet: be long only with a T2.

R = UW (1476);    S= MW (1425)

Daily basis: wait

Bollinger spread is above a reference one. With a technical correction towards MD, PEI will develop on TAM tools and Bollinger spread will be lower than a reference one.

Idea: wait for Type II, type I or bullish pre-parallel

Bet: too early to add a new long position.

R= UW (1476);                       S= MD (1437.9)

Conclusion: could be bullish if UW fails as a resistance (weekly close).

S&P 500: be careful

 

 

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Long term basis: could be bullish

On a yearly basis, PY failed as a resistance. Stochastic is oversold. Our moving averages could continue to rise. UY is our main target if 1576 (current high) fails as a resistance.

On a quarterly basis, Bollinger Bands spread is maximal but could increase. A bullish no-crossover is the status for our stochastic and MACD.UQ (1549) is our first target.

On a monthly basis, a bullish no-crossover is the status for each TAM tool. M23 is not flat.

Idea: monthly MACD is our leading indicator

Bet: with a no-crossover status for our monthly stochastic and MACD in early February, 2013 will be a bullish year.

R = 1576, UY (1683);    S = MM (1321), LM (1165)

Weekly basis:  a bullish T1 is not ruled out

On a weekly basis, Bollinger bands spread is a minimal one. With a downtrend for LW, a bullish T1 could develop.

Idea: focus on LW trend (if a close above UW occurs)

Bet: be long only with a T2.

R = UW (1469.7);    S= MW (1422.6)

Daily basis: be careful

A NEI is in progress on the upper time frame. No T2 is in progress on the daily basis.

Idea: use our daily MACD as a leading indicator

Bet: a bullish pre-parallel could develop.

R= U (1469.7);                       S= MD (1428.3), LD (1398)

Conclusion: could be bullish if UW fails as a resistance (weekly close).

S&P 500: at the close, focus on MW

 

Long term basis: choppy in 2013

On a yearly basis, UY could rise at the close. PY failed as a resistance. Stochastic could be oversold at the end of the period. Our moving averages could continue to rise. UY is our main target.

On a quarterly basis, Bollinger Bands spread is maximal but is shrinking slowly. With an overbought status for our stochastic, UQ will be the maximal target.

On a monthly basis, stochastic and MACD could be overbought together in the same period.

Idea: monthly MACD is our leading indicator

Bet: with a no-crossover status for our monthly stochastic and MACD, 2013 will be a bullish year.

R = UM (1477.5);    S = MM (1323.9), LM (1170)

Medium term:  focus on moving averages status

On a weekly basis, Bollinger bands spread is a reference one. Focus on moving averages crossover: a type A or B could develop. PW has a bearish trend.

Idea: UW as a target with a bullish no-crossover for our moving averages and otherwise LW as an objective

Bet: wait for the next moving averages status.

R = UW (1472);    S= LW (1353)

Short term: towards UD

On a daily basis, Bollinger Bands spread is maximal. TAM tools are up without PEI. UD is our maximal target.

Idea: use our daily stochastic as a leading indicator

Bet: long (intraday basis).

R= UD (1435.6);                       S= MD (1393.2), LD (1350.9)

Conclusion: towards UW if MW (1412.9) fails as a resistance

CAC 40: technical recovery

Long term basis: lower

On a yearly basis, stochastic and MACD could continue to be overbought for two periods or more. As long as MY (end of period) proves to be a resistance, the main trend is not bullish.

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

On a monthly basis; for M23, the trend is bearish. Our stochastic and MACD are oversold. PM could be the main resistance.

Idea: not bullish as long as our monthly M23 is not up

Bet: higher if 3601 fails as a resistance (end of period).

R= PM (3588), 3600.8 (March 2012 high), MQ (3647), MY (3709);    S= MM (3393), LM (2782)

Medium term: without trend

On a weekly basis, TAM tools are neutral.

Idea: below MW, LW is our main objective

Bet: weak as long as our weekly stochastic is not oversold.

R= UW (3608);               S= MW (3405), LW (3202).

Short term: higher without a bullish trend

On a daily basis, UD / LD spread is expending. No PEI could develop with TAM tools.

Idea: daily MACD is our leading indicator

Bet: nothing to do.

R= MQ (3647);     S= MD (3433).

Conclusion: nothing to do for some weeks.

 

CAC 40: trading range

Long term basis: lower

On a yearly basis, stochastic and MACD could continue to be overbought for two periods or more. As long as MY (end of period) proves to be a resistance, the main trend is not bullish.

On a quarterly basis, LQ / UQ spread is shrinking. A PEI is in progress with our moving averages. Stochastic and MACD are oversold.

On a monthly basis; for M23, the trend is bearish. Our stochastic and MACD are oversold. PM could be the main resistance.

Idea: not bullish as long as our monthly M23 is not up

Bet: higher if 3601 fails as a resistance (end of period).

R= 3600.8 (March 2012 high), MQ (3648);    S= MM (3393), LM (2782)

Medium term: below MW?

On a weekly basis, a bearish no-crossover is the status for our stochastic and MACD.

Idea: below MW, LW is our main objective

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

R= PW (3573.9);               S= MW (3363), LW (3090).

Short term: trading range

On a daily basis, UD / LD spread is a reference one. No PEI could develop with TAM tools.

Idea: stochastic is our leading indicator

Bet: nothing to do.

R= UD (3529);     S= MD (3442), LD (3355).

Conclusion: nothing to do for some weeks.

 

CAC 40: lower

 

 

Long term basis: lower

On a yearly basis, stochastic and MACD could continue to be overbought for two periods or more. As long as MY (end of period) proves to be a resistance, the main trend is not bullish.

On a quarterly basis, LQ / UQ spread is shrinking. A PEI is in progress with our moving averages. Stochastic is oversold.

On a monthly basis; for M23, the trend is bearish. Our stochastic and MACD are oversold. PM could be the main resistance.

Idea: not bullish as long as our monthly M23 is not up

Bet: higher if 3601 fails as a resistance (end of period).

R= 3600.8 (March 2012 high), MQ (3647);    S= LM (2761)

Medium term: below MW?

On a weekly basis, a bearish no-crossover is the status for our stochastic and MACD.

Idea: below MW, LW is our main objective

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

R= PW (3578.5);               S= MW / LD (3343), LW (3046).

Short term: trading range?

On a daily basis, UD / LD spread is a reference one. No PEI could develop with TAM tools.

Idea: stochastic is our leading indicator

Bet: towards LD or lower.

R= MD (3433);     S= LD (3342).

Conclusion: towards LW if our daily stochastic is not oversold on the LD level.