Archives pour la catégorie Indices

CAC 40: higher as long as MD= support

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 (3649);    S= LM (2763)

Medium term: towards UW / MQ?

On a weekly basis, as long as M23 is up, MW could act as a support. Above PW, UW is our next resistance.

Idea: warning with a bearish no-crossover for our stochastic and MACD

Bet: MACD is our leading indicator.

R= PW (3583.2), UW (3648.5);               S= MW (3323.7).

Short term: higher?

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 MD if LD trend is flat.

R= PW (3583.2);     S= MD (3439).

Conclusion: higher as long as MD= support.

S&P 500: weak below PW (medium term basis)

Long term basis: towards UY

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 shrinking. A bullish no-crossover is in progress with our stochastic and our MACD. UQ is our maximal target.

On a monthly basis, a bullish no-crossover is the status for TAM tools. UM / LM spread is expending.

Idea: monthly MACD as a leading indicator

Bet: yearly MACD will be oversold next period.

R = UY (1658), +++;    S = MM (1319)

Medium term:  bullish type II in progress

On a weekly basis, a type II occurred in T3. A type III could develop next week.

Idea: add long position with a type III

Bet: close long position below PW / bearish below MW (at the close).

R = UW (1486);    S= PW (1422.4), MW (1387)

Short term: weak

On a daily basis; Bollinger bands spread is a reference one. No bearish pattern could develop with a NEI on the weekly basis.

Idea: lower as long as our MACD is not oversold

Bet: MACD could be oversold next Wednesday.

R= MD (1451), UD (1471);                       S= PW (1422.4)

Conclusion: bullish on a medium term basis if PW acts as a support.

S & P 500:last day to add a long position

Long term basis: towards UY

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 shrinking. A bullish no-crossover is in progress with our stochastic and our MACD. UQ is our maximal target.

On a monthly basis, a bullish no-crossover is the status for TAM tools. UM / LM spread is expending.

Idea: monthly MACD as a leading indicator

Bet: yearly MACD will be oversold next period.

R = UY (1658), +++;    S = MM (1314)

Medium term: Type II in progress

On a weekly basis, a type II occurred in T3. It’s the most bullish pattern that you can imagine.

Idea: add long position this week

Bet: LW trend will amplify its decline.

R = UY (1658);    S= MW (1369)

Short term: PEI for our moving averages

On a daily basis; Bollinger bands spread expended until T9. Long are in commands.

Idea: a powerful move should develop

Bet: PEI for our MACD.

R= +++;                       S= MD (1429)

Conclusion: see Medium term analysis

S&P 500: a technical correction is likely

Long term basis: very bullish above PY

On a yearly basis, UY could rise at the close. Stochastic could be oversold at the end of the period. Our moving averages could continue to rise. Above PY, UY is our main target. As long as PY proves to be a resistance, a pseudo type III could develop. With this hypothesis, MY is our first objective.

On a quarterly basis, LQ / UQ spread is maximal but shrinking. A bullish no-crossover is in progress with our stochastic and our MACD. UQ is our maximal target.

On a monthly basis, a bullish no-crossover is the status for TAM tools.

Idea: monthly MACD as a leading indicator

Bet: a new bull trend is not ruled out.

R = UW (1436), PY (1471), UY (1653);    S = MM (1306), LM (1176)

Medium term: toppish

On a weekly basis, Bollinger bands are diverging. Without any PEI for TAM tools, stochastic is our leading indicator

Idea: rise as long as our stochastic is not overbought

Bet: UW is our main target.

R = UW (1430.7);    S= MW (1360.5)

Short term: decline below MD

On a daily basis, UD / LD spread is a reference one. Our stochastic and MACD are overbought.

Idea: LD as a target if MD fails as a support

Bet: lower.

R= UD (1427.9);                       S= MD (1404.1), LD (1380.3)

Conclusion: a technical decline is likely.

CAC 40: technical correction below MD

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, M23 is in a down trend. Our stochastic and MACD are oversold.

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

Bet: nothing to do.

R= MM (3477.3 e.o.p.), 3600.8 (March 2012 high), MQ (3756);    S= LM (2725.6), 2400, – – -.

Medium term: rise

On a weekly basis, Bollinger bands spread is above a reference one. A NEI is in progress on the upper time frame.

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

Bet: nothing to do.

R= MM (3477.3 e.o.p);               S= MW (3191).

Short term: MACD as a leading indicator

On a daily basis, our MACD is overbought.

Idea: daily MACD is our leading indicator

Bet: below MD, LD is our next target.

R= UD (3557);     S= MD (3406), LD (3255).

Cobclusion: nothing to do.

CAC 40: out

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, a weak PEI is in progress with our moving averages.

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

Bet: nothing to do.

R= MM (3471);    S= LM (2715), 2400, – – -.

Medium term: flat

On a weekly basis, Bollinger bands spread is shrinking. A bearish no-crossover could develop with our moving averages.

Idea: higher as long as our stochastic is not overbought

Bet: moving averages status is the key.

R= MM (3471);               S= MW (3187), LW (2925).

Short term: choppy without trend

On a daily basis, Bollinger spread will stabilize.

Idea: stochastic is our leading indicator

Bet: below MD, LD is our main objective.

R= UD (3334);     S= MD (3197), LD (3061).

CAC 40: choppy without trend (short term basis)

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, no PEI or NEI is in progress.

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

Bet: nothing to do.

R= MM (3495);    S= LM (2729), 2400, – – -.

Medium term: flat

On a weekly basis, Bollinger bands spread is shrinking. A bearish no-crossover could develop with our moving averages.

Idea: higher as long as our stochastic is not overbought

Bet: moving averages status is the key.

R= MM (3495), UW (3503);               S= LW (2893).

Short term: choppy without trend

On a daily basis, Bollinger spread is above a reference one.

Idea: towards UD if PD fails as a resistance

Bet: UD is our main resistance.

R= PD (3220), UD (3284);     S= MD (3182), LD (3080).

Nasdaq 100: higher on a medium term basis

Long term: monthly MACD status as a leading indicator

On a yearly basis, our stochastic and MACD are oversold. Our 7 / 23 years moving averages are up with a PEI. UY is our first resistance.

On a quarterly basis, Bollinger bands spread is increasing. A bullish no-crossover is the status for our MACD.

On a monthly basis, a bullish no-crossover is the status for our moving averages.

Idea: monthly MACD status as a leading indicator

Bet: higher as long as MM= support.

R= UM (2724);     S= MM (2398).

Medium term: flat

On a weekly basis, Bollinger bands are flat.

Idea: stochastic as a leading indicator

Bet: UW is our main resistance.

R = UW (2792);     S = LW (2467).

Short term: higher

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

Idea: MACD as a leading indicator

Bet: towards UW.

R = UW (2792);     S = MD (2589)

Conclusion: towards UW is likely.

S&P 500: technical recovery

Long term basis: rise if PY fails as a resistance

On a yearly basis, Bollinger bands spread is shrinking slowly. Stochastic could be oversold at the end of the period. Our moving averages could continue to rise. Above PY, UY is our main target. As long as PY proves to be a resistance, a type III could develop. With this hypothesis, MY is our main objective.

On a quarterly basis, LQ / UQ spread is maximal but shrinking. A bullish no-crossover is in progress with our stochastic and our MACD. UQ is our maximal target.

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

Idea: focus on the next status for our monthly stochastic and MACD (bearish divergence)

Bet: rise if PY fails as a resistance.

R = PY (1471), UM (1417);    S = MM (1288), LM (1159)

Medium term: decline

On a weekly basis, a bearish pre-parallel could develop within some periods.

Idea: nothing to do this week

Bet: MW will act as a resistance.

R = MW (1358);    S= MM (1288)

Short term: trading range

On a daily basis; UD / LD spread is a reference one. Without a PEI, the rise in progress is a technical recovery.

Bet: towards UD.

R = UD (1338);                       S= MD (1310), LD (1283)

Conclusion: weak.

C 40: warning next month

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 maximal but shrinking. A PEI is in progress with our moving averages and our MACD.

On a monthly basis, a PEI is the status for our moving averages. A bearish trend for some periods is in progress.

Idea: towards 2400

Bet: lower.

R = MM (3517);    S = 2400, – – -.

Medium term: decline / bearish

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

Idea: focus on UW and PW trend

Bet: bearish for 3 months or + with a PEI for our stochastic and MACD.

R = MW (3291);               S= -.

Short term: without trend

On a daily basis, UD / LD spread is minimal. A weak bearish no-crossover is the status for our moving averages. LD trend is not bearish.

Idea: no bull trend could develop

Bet: nothing to do as long as a NEI is in progress.

R = UD (3110);     S= MD (3034), LD (2958).