Yearly trend: in 2012 /2013, qualification into a new bullish parallel pattern?

On a yearly basis, a bullish parallel pattern is in progress with a strong dynamic for LY. A type II is expected at the end of 2012 and nine periods of bear trend for LY could be in hand at the end of 2013. On a global Historical basis, could be one of the most bullish pattern ever seen (since the end of XIX century).

Idea: focus on LY trend

Bet: S&P 500 rise in the 1986 / 2000 as a benchmark at the end of 2013.

Long term: bullish parallel on a quarterly basis

On a quarterly basis, the pattern is a bullish parallel one. A weak type I is in progress. The dynamic for our 7 / 23 quarters moving averages is strong and continue thru 2013.

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

Idea: lower as long as our monthly stochastic is not oversold

Bet: towards LM if Dec. low (1522) fails as a support.

R= UM (1835);    S= 1522, 1500, LM (1317)

Medium term: trading range

On a weekly basis, UW / LW spread is maximal for a reference one. No PEI / NEI is in progress.

Idea: M23 trend will give the medium term trend

Bet: with a bearish no-crossover for our MACD a collapse could develop.

R= MW (1656.6);   S= 1522.

Short term: trading range

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

Idea: UD should be a resistance and LD should be a support

Bet: UD / LD spread will shrink.

R= UD (1627.5);   S= MD (1581.4), LD (1536.2).

Conclusion: focus on weekly M23 trend.

Yearly trend: in 2012 /2013, qualification in a new bullish parallel pattern

On a yearly basis, a bullish parallel pattern is in progress with a strong dynamic for LY. A type II is expected at the end of 2012. On a global Historical basis, one of the most bullish pattern ever seen (since the end of XIX century).

Idea: focus on LY trend

Bet: S&P 500 rise in the 1986 / 2000 as a benchmark.

Long term: bullish parallel on a quarterly basis

On a quarterly basis, the pattern is a bullish parallel one. A type I is in progress. The dynamic for our 7 / 23 quarters moving averages is strong and continue thru 2013.

On a monthly basis, a bullish parallel pattern is in progress but the status for our stochastic and the MACD is a NEI.

Idea: towards MQ if MM fails as a support

Bet: with the current SAR status, MM is our main target.

R= rise > 2 years, +++ (could be above 5 000);    S= PQ (1389.7), MM (1548.4), MQ (1172)

Medium term: weak

On a weekly basis, UW / LW spread is a reference one. No bullish PEI is in progress.

Idea: towards LW as long as MW = resistance

Bet: MACD status as a reference.

R= MW (1675), UW (1779);   S= LW (157M).

Short term: trading range

On a daily basis, our stochastic and MACD are oversold and M23 trend is down.

Idea: UD is our first resistance

Bet: higher as long as our MACD is not overbought.

R= MD (1655), UD (1685);   S= LD (1624).

Conclusion: trading range on a medium term basis.

Yearly trend: in 2012 /2013, qualification in a new bullish parallel pattern

On a yearly basis, a bullish parallel pattern is in progress with a strong dynamic for LY. A type II is expected at the end of 2012. On a global Historical basis, one of the most bullish pattern ever seen (since the end of XIX century).

Idea: focus on LY trend

Bet: S&P 500 rise in the 1986 / 2000 as a benchmark.

Long term: bullish parallel on a quarterly basis

On a quarterly basis, the pattern is a bullish parallel one. A type I could develop at the end of March 2012. The dynamic for our 7 / 23 quarters moving averages is strong and continue thru 2013.

On a monthly basis, a bullish parallel pattern is in progress but the status for our MACD is a NEI.

Idea: towards LM if MM fails as a support

Bet: a NEI could be the status for our monthly stochastic

R = rise > 2 years, +++ (could be above 5 000);    S = MM (1503.2), MQ (1122.8), LM (1151)

Medium term: technical recovery

On a weekly basis, UW / LW spread is above a reference one.

Idea: towards LW with an overbought status for our MACD

Bet: below MW is not ruled out.

R= UW (1793.6);   S = MW (1682.6), LW (1571.6).

Short term: towards LD?

On a daily basis, a PEI is in progress with our stochastic.

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

Bet: below MD.

R = UD (1774.3);   S = MD (1712.3), LD (1650.4).

Conclusion: a decline towards LW could develop.

Yearly trend: in 2012 /2013, qualification in a new bullish parallel pattern

On a yearly basis, a bullish parallel pattern is in progress with a strong dynamic for LY. A type II is expected at the end of 2012. On a global Historical basis, one of the most bullish pattern ever seen (since the end of XIX century).

Idea: focus on LY trend

Bet: S&P 500 rise in the 1986 / 2000 as a benchmark.

Long term: bullish parallel on a quarterly basis

On a quarterly basis, the pattern is a bullish parallel one. A type I could develop at the end of March 2012. The dynamic for our 7 / 23 quarters moving averages is strong and continue thru 2013.

On a monthly basis, a bullish parallel pattern is in progress.

Idea: focus on MM.

Bet: towards 5 000 or above as long as no NEI will develop on a monthly basis.

R = rise > 2 years, +++ (could be above 5 000);    S = MM (1503.4), MQ (1122.9)

Medium term: toppish until the end of February

On a weekly basis, UW and LW trend could be flat for some weeks. No PEI / NEI is in progress.

Idea: focus on M7 trend

Bet: UW is our main resistance.

R= UW (1790.4);   S = MW (1677), LW (1563.6)

Short term: decline

On a daily basis, no PEI is in progress on TAM tools. A NEI is in progress on the weekly time frame.

Idea: below MD, LD is our next objective

Bet: MACD will be overbought for two weeks.

R = UD (1770.5);   S = MD (1691.2), LD (1611.8).

Conclusion: bullish on a long term basis.