Long term: higher

On a quarterly basis, a bullish type I is in progress.

On a monthly basis, our stochastic will be oversold.

Idea: use bullish parallel rules on a monthly basis

Bet: above PM, a new bull trend is expected.

R= PM (146.07), UM (147.45), +++;    S= MM (140.49)

Medium term: rise

On a weekly basis, TAM tools will rise for several periods.

Idea: use our MACD as a leading indicator

Bet: nothing to do.

R= UM (147.45), +++;   S= MW (143.55)

Short term (June contract): up

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

Idea:  use our MACD as a leading indicator

Bet: nothing to do.

R= UD (146.20);   S= PD (144.2)

Conclusion: higher.

 

Long term: higher

On a quarterly basis, a bullish type I could develop.

On a monthly basis, UM / LM spread is expending. A PEI is the status for stochastic and MACD.

Idea: a bullish monthly type II is not ruled out

Bet:  rise as long as our monthly MACD is not overbought.

R= UM (144.63), +++;    S= MW (138.85)

Medium term: higher

On a weekly basis, a close occurred above UW with a NEI between open and close. A bullish no-crossover is the status for our moving averages.

Idea: UW / LW spread will increase

Bet: towards UM without bullish signal.

R= UM (144.63);   S= MW (138.85)

Short term: higher

On a daily basis, a weak bullish type I occurred

Idea: higher

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

R= UD (141.94);   S= MD (140.06)

Conclusion: nothing to do.

Long term: higher

On a quarterly basis, Bollinger bands spread is increasing. Our moving averages are up. Stochastic and MACD are oversold. As long as the status for our MACD is not overbought, the bull trend in progress could continue.

On a monthly basis, TAM tools are up as PM. A PEI is in progress for our monthly stochastic.  As long as the status for our stochastic and MACD is not a bearish divergence, the bull trend in progress could continue.

Idea: higher

Bet:  rise as long as our monthly MACD is not overbought.

R=  +;    S= MW (137.01)

Medium term: rise without bullish trend

On a weekly basis, UW / LW spread is increasing. A bullish no-crossover is the status for our moving averages and our stochastic. A NEI is the status for our MACD.

Idea: towards LW if MW fails as a support

Bet: UW= resistance.

R = UW (140.39);   S = MW (137.01), LW (133.63)

Short term: trading range

On a daily basis, Bollinger bands spread is minimal. TAM tools are without PEI.

Idea: forget this time frame for the week ahead

Bet:.

R = UD (140.28);   S = MD (138.95), LD (137.62)

Conclusion: nothing to do.

Long term: higher

On a quarterly basis, our moving averages are up. Stochastic and MACD are oversold. As long as the status for our stochastic is not overbought, the bull trend in progress could continue.

On a monthly basis, TAM tools are up as PM. A PEI is in progress for our monthly stochastic.  As long as the status for our stochastic and MACD is not a bearish divergence, the bull trend in progress could continue.

Idea: higher

Bet:  rise as long as our monthly MACD is not overbought.

R=  +;    S= MW (136.9)

Medium term: bullish T2

On a weekly basis, UW / LW spread is a reference one. UW / LW spread is increasing. A bullish no-crossover is the status for our moving averages.

Idea: use bullish parallel rules

Bet: +++

R = +++;   S = MW (136.9)

Short term: higher

On a daily basis, Bollinger bands spread is not minimal. A weak PEI is in progress with our moving averages.

Idea: higher.

Bet: PEI for our stochastic and MACD.

R = +;   S = MD (138.65)

Conclusion: higher and higher.

Long term: higher

On a quarterly basis, our moving averages are up. Stochastic and MACD are oversold. As long as no NEI will develop on a monthly basis, the bull trend in progress will continue.

On a monthly basis, Bollinger bands spread is increasing. TAM tools are up. As long as our MACD is not overbought, prices will continue to rise.

Idea: higher

Bet: 

R= 139.19 (Historical High), UW (140.77)    S= 135 (PW on DEC. 2011 contract)

           

Medium term: bullish parallel pattern

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

Idea: use bullish parallel rules

Bet:

R = PW (139.19);   S = 135

 

 

Short term: flat

On a daily basis, TAM tools are neutral.

Idea: PD / UD is our first resistance and LD is a strong support

Bet: nothing to do.

R = UD (138.98)   S = LD (135.44)

 

Conclusion: weak if 135 fail as a support.

 

Long term: toppish

On a quarterly basis, a bearish divergence is in progress with our stochastic and MACD. Below MQ, LQ could be a target.

On a monthly basis, Bollinger spread is flat. A bearish A type crossover is the status for our 7 / 23 months moving averages.

Idea: LM is our first support. LQ is our next objective.

Bet: as long as MM proves to be a resistance, a decline is in progress.

R= MM (125.44) S= LM (118.69), LQ (108.68)

Medium term: lower

On a weekly basis (Continuous contract); as long as a bearish A type crossover is in progress with our moving averages, the main trend is down.

Idea: PW is a strong resistance

Bet: towards LW if PW acts as a resistance.

R = PW (123.12), UW (126.04); S = LW (120.2)

Short term (continuous contract): toppish

On a daily basis, a bullish A type crossover is in progress with our moving averages.

Idea: towards PW or higher with a bullish no-crossover for our stochastic

Bet: below MD if the status of our MACD is overbought.

R = UD (123.47) S = MD (121.57), LD (119.67)

Conclusion: today, focus on daily no-crossover / overbought status for stochastic.

Long term: towards MQ or below

On a quarterly basis, Bollinger bands spread is maximal. A bullish A type crossover for our 7 / 23 months moving averages could be over this year. A bearish divergence is in progress with our stochastic. Next period a similar status could be expected with our MACD. MQ is our first support.

On a monthly basis, a bearish crossover could be the status for our 7 / 23 months moving averages.

Idea: LM is our first support.

Bet:  as long as MM proves to be a resistance, a decline towards LM is in progress.

R= MM (125.42)    S= MQ (119.33), LM (118.61)

           

Medium term: technical recovery

On a weekly basis (Continuous contract); a bullish no-crossover is in progress with our MACD. Above MW, UW could be a target.

Idea: MW could be a strong resistance

Bet:

R = MW (124.75);   S = LW (120.75)

 

Short term (June 2011 contract): without trend

On a daily basis, UD / LD spread is maximal. TAM are neutral. UD is our main resistance and LD is our main support.

Idea: nothing to do

Bet:

R = UD (123.5)   S = LD (121.25)

 

Conclusion: wait on a short term basis.

 

Long term: towards MQ or below

On a quarterly basis, Bollinger bands spread is maximal. Our 7 / 23 quarters moving averages are up. A bearish divergence is in progress with our stochastic. Next period a similar status is expected with our MACD. MQ is our first support.

On a monthly basis, MM could fail as a support (at the close). A bearish A type crossover could be the status for our 7 / 23 months moving averages.

Idea: LM could be a strong support.

Bet:  a decline towards LM is in progress.

R= MM (125.22)    S= MQ (119.42), LM (117.94)

           

Medium term: bearish without pattern

On a weekly basis (continuous contract), a PEI is in progress with our MACD.

Idea:  LM as a target with a PEI for our MACD.

Bet: bearish for three periods or more.

R = MW (128.47);   S = LW (123.44)

 

Short term (March 2011 contract): without trend

On a daily basis, Bollinger bands spread is minimal. With TAM, no PEI could develop on a daily basis.

Idea: LD is our first support.

Bet: MD will act as a resistance.

R = MD (125.21), UD (126.44)   S = LD (123.98)

 

Conclusion: bearish until the end of March (or +)

 

Long term: warning

On a quarterly basis, Bollinger bands spread is increasing. Our 7 / 23 quarters moving averages are up. A bearish divergence could develop with our stochastic before year’s end and next year with our MACD.

On a monthly basis, PM failed as a support. The status for our stochastic and MACD is overbought. As long as MM proves to be a support, a decline is only a technical move.

Idea: quarterly bearish divergence is in hand => MQ or below.

Bet:  collapse below MM

R= UM (132.66)    S= MM (125.04), MQ (119.17)

           

Medium term: bearish

On a weekly basis (continuous contract), Bollinger bands spread is not a reference one.  A PEI is in progress with our stochastic. As long as our MACD is not oversold, MM is our first target.

Idea:  as long as MW = resistance, a up move is only a technical recovery

Bet: towards MM or lower.  

R = MW (130.18);   S = MM (125.04)

 

Short term (March 2011 contract): like a bearish parallel

On a daily basis, a qualification into a bearish parallel pattern is in hand.  

Idea: bearish as long as our MACD is not oversold.

Bet: recovery above PD.

R = MD (129.26)   S = MM (125.04)

 

Conclusion: a collapse is not ruled out.

 

Position: Previous: short below PM (continuous contract); in progress: short, Next: hold on + stop-loss (MD)

 

Long term: bullish

On a quarterly basis, Bollinger bands spread is increasing. Our 7 / 23 quarters moving averages are up. Our stochastic and MACD will continue to rise.

On a monthly basis, a bullish no-crossover is the status for our 7 / 23 months moving averages. A bullish no-crossover is not ruled out with our stochastic. A qualification into a bullish parallel could be in hand next month.

Idea: higher for some periods on a quarterly basis.

Bet:  bullish in 2011

R= Historical High (134.77), +, ++;    S= MM (124.31)

           

Medium term: bullish parallel pattern

On a weekly basis (continuous contract), a bullish parallel pattern is in progress.

Idea:  use bullish parallel rules

Bet: MW (end of period) will acts as a support

R = 134.77 (current high), +, ++;   S = MW (129.89)

 

Short term (December 2010 contract): without trend

On a daily basis, Bollinger bands spread is not minimal and bands are flat. A bullish B type crossover is in progress with our 7 / 23 days moving averages. UD could act as a resistance.

Idea:  rise as long as our stochastic is not overbought

Bet: recovery in line with a rise for 10 Y T-Note.

R = MD (130.97)   S = LD (128.83)

 

Conclusion: less bullish than 10 Y T-Note (medium term basis)