Nasdaq 100: higher on a medium term basis

Catégorie [ ATDMF, Nasdaq 100 ]

Long term: monthly MACD status as a leading indicator

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

On a quarterly basis, Bollinger bands spread is increasing. A bullish no-crossover is the status for our MACD.

On a monthly basis, a bullish no-crossover is the status for our moving averages.

Idea: monthly MACD status as a leading indicator

Bet: higher as long as MM= support.

R= UM (2724);     S= MM (2398).

Medium term: flat

On a weekly basis, Bollinger bands are flat.

Idea: stochastic as a leading indicator

Bet: UW is our main resistance.

R = UW (2792);     S = LW (2467).

Short term: higher

On a daily basis, Bollinger bands spread is expending. No PEI is in progress with TAM tools.

Idea: MACD as a leading indicator

Bet: towards UW.

R = UW (2792);     S = MD (2589)

Conclusion: towards UW is likely.