Long term:  new bear trend in progress

On a yearly basis, Bollinger bands are down. A PEI is the status for our 7 / 23 years moving averages. Our stochastic is overbought (next period, same pattern will develop with our MACD), the decline in progress should continue for four periods. 

On a quarterly basis, a bearish A type crossover is in progress with our 7 / 23 quarters moving averages. A PEI is the status for our stochastic and MACD. A qualification into a bearish parallel is not ruled out.

On a monthly basis; a bearish parallel pattern is always in progress. A PEI is in progress with our 7 / 23 months moving averages.

Idea: use monthly bearish parallel rules

Bet: a PEI could develop with our monthly stochastic.

R = PM (91);     S = 79.70 (Historical low), – - -.

Medium term: bear trend in progress

 On a weekly basis, a bearish A type crossover is in progress for our moving averages. A qualification into a bearish parallel qualification is in progress.

Idea: MW could act as a resistance

Bet: a PEI could develop for our moving averages.

R = MW (84.05);           S = LW (80.38)

Short term:  towards MD?

On a daily basis, a bullish crossover PD / MD is in progress. A decline towards MD is likely. Below MD, LD is our next objective. Otherwise, without a correction until Friday, a recovery towards UD could develop.

Idea:  rise as long as our MACD is not overbought

Bet: lower

R = MW (84.05);   S = MD (82.1), LD (79.94)

Conclusion: below MD, end of the weekly recovery.