Archives pour la catégorie Indices

CAC 40: weak

Long term basis: technical recovery

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. TAM tools will stay weak for two periods or more.

On a monthly basis, with a NEI as a status for our moving averages, a bullish trend is impossible.

Idea: cannot be bullish

Bet: MM is a strong resistance.

R = MM (3585);    S = LM (2874)

Medium term: trading range

On a weekly basis, no PEI or NEI could develop with TAM tools.

Idea: weak as long as our stochastic is not oversold

Bet: towards LW as long as MW (e.o.p) acts as a resistance.

R = MW (3311), UW (3610);               S= LW (3011).

Short term: weak

On a daily basis, a weak bearish no-crossover is the status of our moving averages.

Idea:  MD will act as a resistance

Bet: bearish pre-parallel

R = MD (3494);     S= LD (3081).

Position: lower if MD (e.o.p) acts as a resistance.

S&P 500: bullish on a long term basis

Long term basis: towards UQ or above

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

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 next target.

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

Idea: higher for some quarters

Bet: towards UQ or above.

R = PY (1471), UQ (1566), UY (1652);    S = MM (1269)

Medium term: type I in progress

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

Idea: use parallel rules

Bet: the bullish trend will continue.

R = PY (1471);    S= MW (1324)

Short term: decline

On a daily basis, UD / LD spread is expending. NEI is the status for TAM tools.

Idea: lower as long as our MACD is not oversold

Bet: a bearish pre-parallel pattern could develop.

R = MD (1399);                       S=1357, MW (1324)

Conclusion:  bullish as long as MW = support.

CAC 40: warning below MW

Long term basis: technical recovery

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. Our stochastic could be oversold next period. A NEI will continue to be the status for our moving averages.

On a monthly basis, with a NEI as a status for our moving averages, a bullish trend is impossible.

Idea: cannot be bullish

Bet: towards PM if MM fails as a resistance (e.o.p.).

R = MM (3600), MY (3712);    S = LM (2904), PQ (2565)

Medium term: rise?

On a weekly basis, without a PEI, the rise in progress is only a technical recovery.

Idea: rise as long as our MACD is not overbought

Bet: towards LW if MW fails as a support.

R = MM (3600);               S= MW (3270), LW (2894).

Short term: decline?

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

Idea:  decline as long as our MACD is not oversold

Bet: towards MW.

R = MD (3494);     S= LD (3378), MW (3270).

Conclusion: end of the medium term recovery if MW fails as a support.

CAC 40: end of the medium term recovery

Long term basis: technical recovery

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. Our stochastic could be oversold soon.

On a monthly basis, with a NEI as a status for our moving averages, a bullish trend is impossible.

Idea: cannot be bullish with a quarterly M23 trend on the down side

Bet: towards PM if MM fails as a resistance (e.o.p.).

R = MM (3601), MY (3712);    S = PQ (2565)

Medium term: rise

On a weekly basis, without a PEI, the rise in progress is only a technical recovery.

Idea: rise as long as our MACD is not overbought

Bet: nothing to do (buy US indices not CAC 40).

R = MM (3601);               S= MW (3254).

Short term: without trend

On a daily basis, UD / LD spread is not increasing. No PEI is in progress.

Idea:  decline as long as our MACD is not oversold

Bet: towards LD.

R = MD (3494);     S= LD (3381).

Conclusion: end of the medium term recovery if MM acts as a resistance.

Buy Nasdaq 100 and forget the CAC 40

Long term basis: technical recovery

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. Our stochastic could be oversold soon.

On a monthly basis, with a NEI as a status for our moving averages, a bullish trend is impossible.

Idea: cannot be bullish with a quarterly M23 trend on the down side

Bet: towards PM if MM fails as a resistance (e.o.p.).

R = MM (3713), MY (3849);    S = PQ (2565)

Medium term: rise

On a weekly basis, a PEI is the status for our stochastic and MACD. A NEI is the status for our monthly time frame.

Idea: rise as long as our MACD is not overbought

Bet: nothing to do (buy US indices not the CAC 40).

R = MM (3713);               S= MW (3236).

Short term: higher?

On a daily basis, UD / LD spread is not increasing. The move in progress is only a technical move without a bullish trend.

Idea:  higher as long as MD = support

Bet: if you want to be long, buy US indices.

R = MM (3713);     S= MD (3471).

Conclusion: technical recovery in progress.

S&P 500: bullish on a medium term basis with a type I next week.

Long term basis: above PY

On a yearly basis, a bull trend for UY could emerge with higher prices. Above PY a new bull trend could be expected. Stochastic and MACD are not yet oversold. PY is a very strong resistance.

On a quarterly basis, LQ / UQ spread is maximal but shrinking. A PEI is in progress with our stochastic and our MACD. UQ is our next target if 1371 (current high) fails as a resistance.

On a monthly basis, Bollinger bands spread is a reference one. The status for our moving averages will be a bullish no-crossover.

Idea: focus on 1371

Bet: towards UY if PY fails as a resistance.

R = 1371, PY (1471.3), UY (1648);    S = MM (1238)

Medium term: bullish?

On a weekly basis, a PEI is in progress for each TAM tool. A type I is likely.

Idea: bullish with a type I

Bet: last opportunity to be long.

R = 1371;    S= MW (1269)

Short term: bullish parallel pattern

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

Idea: use bullish parallel rules

Bet: towards 1371 or above.

R = 1371;                   S=MD (1340)

Conclusion:  bullish as long as MD = support.

S&P 500: bullish above 1371 (long term basis)

Long term basis: up

On a yearly basis, Bollinger bands spread is shrinking slowly. Stochastic and MACD are not yet oversold.  As long as PY proves to be a resistance, MY could be an 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 next target if 1371 (current high) fails as a resistance.

On a monthly basis, Bollinger bands spread is a reference one. The status for our moving averages could be a bullish no-crossover.

Idea: focus on 1371

Bet: towards UM or above.

R = 1371, UM (1406.7);    S = MM (1238)

Medium term: rise

On a weekly basis, a PEI is in progress for each TAM tool. Volatility is above a reference one.

Idea: rise as long as our MACD is not overbought

Bet: a type I could develop.

R = 1371;    S= MW/PW (1257)

Short term: type I

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

Idea: use bullish parallel rules

Bet: towards 1370 or above.

R = 1371;                   S=MD (1331)

Conclusion:  rise as long as MD = support.

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.

S&P 500: rise as long as MD = support

Long term basis: toppish

On a yearly basis, Bollinger bands spread is shrinking slowly. Stochastic and MACD are not oversold.  As long as PY proves to be a resistance, MY could be an objective.

On a quarterly basis, LQ / UQ spread is maximal. A bullish no-crossover is in progress with our stochastic and our MACD. UQ is our next target if 1370 (current high) fails as a resistance.

On a monthly basis, Bollinger bands spread is a reference one. The status for our stochastic and MACD could be a bearish no-crossover.

Idea: towards LM if MM fails as a support

Bet: none.

R = PM (1331.7), UM (1399);    S = MM (1223), LM (1047)

Medium term: rise

On a weekly basis, a PEI is in progress for each TAM tool. UW / LW spread is above a reference one.

Idea: UW = resistance and MW = support

Bet: none.

R = UW (1305);    S= MW (1218)

Short term: rise

On a daily basis, UD / LD spread is above a reference one. A PEI is the status for each TAM tool. A bullish trend without T2 could develop.

Idea: a bullish pre-parallel pattern is not ruled out

Bet: higher.

R = PM (1331);                   S=MD (1257)

Conclusion:  rise as long as MD = support.