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, as long as our MACD is not overbought, the rise in progress will continue or amplify.

Idea: higher for some periods on a quarterly basis.

Bet:  before the end of 2010, qualification into a monthly bullish parallel pattern

R= Historical High (134.77), +, ++;    S= MM (124.35)

Medium term: bullish parallel pattern

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

Idea:  use bullish parallel rules

Bet: higher for some periods

R = 134.77 (current high), +, ++;   S = MW (129.19)

Short term (December 2010 contract): without trend

On a daily basis, a close occurred below MD. UD / LD spread is wide. A bearish B type crossover will develop with our 7 / 23 days moving averages. If a bearish no-crossover develop with our stochastic, LD will be a target. Otherwise, a recovery towards UD is expected.

Idea:  use stochastic to follow the trend

Bet: less bearish than 10 Y T-Note

R = UD (133.28)   S = MD (131.35), LD (129.46)

Conclusion: a new Historical High is not ruled out before the end of 2010.

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. This bull trend will continue at least for three periods (mid 2011).

On a monthly basis, UM / LM spread is increasing. A bullish no-crossover is the status for our 7 / 23 months moving averages. Our stochastic and MACD are oversold. As long as PM proves to be a support, the bull trend in progress will continue or amplify.

Idea: buy long position

Bet:  bullish as long as PM proves to be a support (bullish pre-parallel pattern)

R= +, ++;    S= PM (122.89)

Medium term: bullish parallel pattern

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

Idea:  use bullish parallel rules

Bet: as long as our stochastic is not overbought, no technical correction could develop

R = UW (132.05), +, ++;   S = PW (127.37)

Short term: next week, qualification into a bullish parallel pattern

On a daily basis Bollinger bands spread is not minimal but the spread UD / LD increase dramatically.  With the weekly trend   a bullish crossover PD / MD is expected without correction. A bullish parallel pattern will be in hand.

Idea: buy long position next week

Bet: no decline before early September

R = UW (132.05);   S = MD (128.93)

Conclusion: very bullish

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, as long as our MACD is not overbought, the rise in progress will continue or amplify.

Idea: higher for some periods on a quarterly basis.

Bet:  above 130

R= 130, +, ++;    S= MM (123.04)

Medium term: bullish parallel pattern

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

Idea:  use bullish parallel rules

Bet: a new parallel qualification is in progress

R = 130, +, ++ ;   S = PW (126.59)

Short term: neutral

On a daily basis Bollinger bands spread is minimal. With the weekly trend, LD should act as a support. Above MD, UD is our next objective.

Bet: higher in July

R = UD (129.75)   S = LD (127.59)

Conclusion: very bullish if UD fails as a resistance

Long term: bullish

On a quarterly basis, the trend for 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, as long as our MACD is not overbought, the rise in progress will continue or amplify.

Idea: higher for some periods on a quarterly basis.

Bet:  above 130

R= 130, +, ++;    S= MM (123.04)

Medium term: bullish parallel pattern

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

Idea:  use bullish parallel rules

Bet: a new parallel qualification will develop next week

R = 130, +, ++ ;   S = PW (125.94)

Short term: neutral

On a daily basis Bollinger bands spread is minimal. With the weekly trend, LD should act as a support. Above MD, UD is our next objective.

Bet:

R = MD (128.82), UD / PD (129.73)   S = LD (128.02)

Conclusion: very bullish if UD fails as a resistance

Long term: bullish

On a quarterly basis, the trend for 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, as long as our MACD is not overbought, the rise in progress will continue or amplify.

Idea: higher for some periods on a quarterly basis (as long as a bullish crossover PQ / MQ is unlikely).

Bet:  above 130

R= 130, +, ++;    S= MM (123.06)

Medium term: bullish parallel pattern

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

Idea:  use bullish parallel rules, bullish crossover PW / MW next week

Bet: a new parallel qualification will develop in June

R = 130, +, ++ ;   S = MD (128.32)

Short term: bullish

On a daily basis, as long as MD proves to be a support, a decline is only a technical move.

Idea: use bullish parallel rules

Bet:

R = UD (130.42)   S = MD (128.32), LD (126.22)

Conclusion: add long position with a new parallel qualification on a weekly basis

Long term: bullish

On a quarterly basis, the trend for 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, as long as our MACD is not overbought, the rise in progress will continue or amplify.

Idea: higher for some periods on a quarterly basis.

Bet:  above 130

R= 130, +, ++;    S= MM (122.4)

Medium term: bullish parallel pattern

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

Idea:  use bullish parallel rules

Bet: a new parallel qualification will develop in June

R = 130, +, ++ ;   S = MD (126.62)

Short term: bullish

On a daily basis, as long as MD proves to be a support, a decline is only a technical move.

Idea: nothing to do

Bet:

R = 130, +, ++   S = MD (126.62)

Conclusion: add long position with a new parallel qualification on a weekly basis

Long term: flat

On a quarterly basis, LQ is flat. Our 7 / 23 quarters moving averages are up. Our stochastic and MACD will continue to rise. UQ could be a target.

On a monthly basis, UM / LM spread is wide. As long as M23 trend is up, PM is our main support.

Idea: without trend

Bet:  PM will act as a support

R= UQ (126.06);   S= PM (119.27)

Medium term: UW / LW spread is minimal

On a weekly basis (continuous contract), our 7 / 23 weeks moving averages are without trend.  LW is flat. UW acted as a resistance.

Idea: without trend

Bet: MW is our main support

R = UW (123.8);   S = MW (122.22)

Short term: decline

On a daily basis, Bollinger bands spread is maximal. Our stochastic and MACD are overbought. Below MD, LD is our next objective.

 Idea: bearish acceleration if MD fails as a support

Bet: towards MW or LD.

R =UD (124.07);   S = MD (122.7), MW (122.22), LD (121.33)

Conclusion: daily trading if MD fails as a support

Long term: towards UM?

On a quarterly basis, LQ is flat. Our 7 / 23 quarters moving averages are up. Our stochastic and MACD will continue to rise. UQ could be a target.

On a monthly basis, UM / LM spread is wide. As long as M23 trend is up, PM is our main support.

Idea: Bullish no-crossover for our quarterly stochastic and MACD

Bet:  PM will act as a support

R= UQ (126.02), UM (128.18);   S= PM (118.81)

Medium term: UW / LW spread is minimal

On a weekly basis (continuous contract), a weak bullish no-crossover is in progress with our 7 / 23 weeks moving averages.

Idea: a bullish pattern is unlikely with our monthly MACD.

Bet: UW and LW will remain flat.

R = UW (123.52);   S = MW (121.99)

Short term: UD = main resistance

On a daily basis (March. basis) Bollinger Bands spread is maximal. UD is a strong resistance.

 Idea: a bullish pre-parallel could develop

Bet: none

R =UD (123.35);   S = MD (122.01)

Conclusion: nothing to do.

Long term: LM as a target is not ruled out

On a quarterly basis, our 7 / 23 quarters moving averages are up. As long as PM proves to be a support, our stochastic and MACD will continue to rise. Otherwise, a bearish divergence will be the status for our stochastic and for our MACD. With this hypothesis, LM will be our main target for next year (a quarterly bearish divergence can’t develop with the 10 Y T-Note MACD).

On a monthly basis, a bullish bubble pattern is over since early 2009. A bearish non-crossover is the status for our stochastic. Below PM, LM is our next target.

Idea: with € / $ trend on a quarterly basis, our quarterly bearish divergence could be expected.

R= UW (123.36);   S= PM (117.23), LQ / LM (110.05)

Medium term: UW / LW spread is minimal

On a weekly basis (continuous contract), our 7 / 23 weeks moving averages are neutral. Our stochastic and MACD are overbought. This time frame is without trend. LW is our first target.

Idea: neutral

R = UW (123.36);   S = LW (119.22)

Short term: no main trend

On a daily basis (Dec. basis); UD / LD spread is far away from its minimal level. Our M23 will continue to rise and stochastic / MACD are overbought (bearish n on-crossover).  LD is our next objective.

Idea: towards a bearish pre-parallel pattern.

R =MD (121.94);   S = LD (120.86)

Conclusion: new bear trend below PM (117.23).

Long term: LM (109.84) as a target is not ruled out

On a quarterly basis, our 7 / 23 quarters moving averages are up. Our stochastic and MACD could be overbought at the end of Q3 or Q4. With this hypothesis, a bearish divergence will be the status for our stochastic and MACD and LQ could be a target.  With the 10 Y T-Note; a bearish divergence is in progress, only, with our stochastic. With a close below MQ, this hypothesis will be likely.  € will rise against $ until the end of 2011.

On a monthly basis, a decline could develop in line with the current overbought status for our stochastic and MACD. If PM fails as a support, LQ / LM will be our next objective. With the Bollinger bands spread, LM will be a very strong support.

Idea: bearish divergence for our stochastic at the end of Q3 or Q4 2009.

R= UW (123.2);   S= MQ (117.69), PM (116.64), LQ / LM (109.84)

Medium term: UW / LW spread will be minimal soon…

On a weekly basis (continuous contract), a bearish A type crossover is expected for our 7 / 23 weeks moving averages. With the monthly trend, no bearish ATDMF pattern could develop.  A bearish pre-parallel pattern is not ruled out in October / November. Below PW, more weakness is ahead.

Idea: not higher than UW

R = MW (120.68), UW (123.2);   S = LW (118.63), PM (116.64),

Short term: UD / LD spread is minimal

On a daily basis (Dec. basis), UD and LD are flat without a bearish T1 (see weekly status for continuous contract).  The status for our stochastic and MACD is a bearish non-crossover.  A bearish A type crossover will be the next status for our 7 / 23 days moving averages. LW could be a target within one month.

Idea: UD is a strong resistance.

R = UD (121.63);   S = PD (120.23, Dec 09), LW (118.63, Cont.)

Conclusion: new bear trend below PM (116.64).