Archives pour la catégorie Indices

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.

 

S&P 500: add long position + stop-loss (MW)

 Charts : ask to atdmfcahen@yahoo.fr

 

Long term basis: towards UY?

On a yearly basis, Bollinger bands spread is maximal. Our 7 / 23 years moving averages could continue to rise.  Above PY, UY could be a target.

On a quarterly basis, LQ / UQ spread is maximal. UM is our first resistance. Above UM, UQ is our next target. A bullish no-crossover could develop with our stochastic and MACD.

On a monthly basis, Bollinger bands spread is a reference one. A bullish pattern could develop this winter.

Idea: focus on LM trend

Bet: PEI for our monthly moving averages.

 

R = UM (1390), UQ (1591), UY (1648);    S = MM (1208), LM (1027)

 

Medium term: higher

On a weekly basis, Bollinger bands spread is maximal. A bullish A type could develop. Stochastic and MACD are oversold. Our next strong resistance is UW.

Idea: bullish pre-parallel within three months

Bet: enter long position.

 

R = UW (1364);    S= MW (1227)

 

 

Short term: rise

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

Idea: rise as long as MACD is not overbought.

Bet: higher.

 

R = UW (1364);                   S=MD (1194)

 

Conclusion:  add long positions + stop-loss at MW level.

S&P 500: not so bearish

Long term basis: weak

On a yearly basis, 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 first resistance. Above MQ, UQ is our next target. A bullish no-crossover could develop with our stochastic.

On a monthly basis, Bollinger bands spread is a reference one. Last close was below MM and MQ is a resistance. A bearish A type crossover could develop with our moving averages.

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

Bet: trading range on a monthly basis.

 

R = MM (1204), UM (1389);    S = LM (1020)

 

Medium term: not yet bearish

On a weekly basis, TAM tools could turn to a neutral status. But as long as our MACD is not oversold, prices will continue to decline.

Idea: nothing to do

Bet: MW is our first resistance and LM is a strong support.

 

R = MW (1239);    S= LM (1020)

 

Short term: flat

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

Idea: UD = strong resistance and LD is our main support.

Bet: nothing to do.

 

R = MD (1176), UD (1223);                   S= LD (1129)

 

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.

 

Nasdaq 100: nothing to do

Long term: weak

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

On a quarterly basis, a bullish pattern is over. TAM tools are up.

On a monthly basis, the status for our 7 / 23 months moving averages is a bullish A type crossover. Our MACD is overbought.

Idea: MM is our first target.

Bet: nothing to do.

R = UM (2529);     S = MM (2107), LM (1686).

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Medium term: weak

On a weekly basis; TAM tools are without PEI.

Idea: nothing to do

Bet: towards PW with a close above MW.

R = MW (2274), PW (2363);    S = LW (2082).

 

 

Short term: rise but without bullish trend

On a daily basis, UD / LD spread is expending but above a reference one. A bullish no-crossover is in progress with our MACD and with our moving averages. A NEI is in progress with our weekly time frame. UD is our main objective.

Idea: rise as long as our stochastic is not overbought

Bet: nothing to do.

R = UD (2300);    S = MD (2172).

 

Conclusion: technical recovery in progress.

 

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.

 

Indices : pourquoi pas la hausse, mais éviter le CAC 40.

 

Techniquement, le Nasdaq 100 présente une probabilité de hausse non négligeable. En ce qui concerne le CAC 40, la situation est incertaine. Ce qui est sûr, c’est qu’une baisse du Nasdaq 100 entrainera un mouvement plus significatif sur le CAC 40.

Si vous souhaitez avoir des actions  et selon le niveau de risque souhaité vous pourrez : acheter du Nasdaq 100, vendre du CAC 40 et acheter du Nasdaq 100. A l’horizon de 6 mois, l’achat de CAC 40 sec ne se justifie pas du point de vue technique.

Nasdaq 100: bearish after the end of June?

Long term: bullish

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

On a quarterly basis, a bullish T2 is in progress.

On a monthly basis, the status for our 7 / 23 months moving averages is an A type bullish crossover. A PEI was not far away with our MACD.

Idea: bearish divergence for our quarterly stochastic

Bet: towards LM if MM fails as a support.

R = UY (3046);     S = MM (2034), LM (1589)

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Medium term: flat

On a weekly basis; UW / LW spread is a minimal one. A bearish no-crossover is in progress with our MACD. Below PW, the main target could be MM.

Idea: lower as long as MW= resistance

Bet: nothing to do.

R = MW (2331);    S = PW (2231), MM (2034).

 

  

Short term: weak

On a daily basis, TAM tools will continue to decline.

Idea: MD is a strong resistance.

Bet: nothing to do.

R = MD (2326);    S = PW (2231).

 

Conclusion: as long as MW = resistance, a new bear trend could develop.