Dollar at a support level. a possible move up will negatively affect metals and minerals, and the dollar based equity markets .
S&P Monthly and Weekly both have trade pressures up. both have time cycles ending mid to late October.
the 1144 long entry price has been triggered. not unusual to have a pullback at the entry signal.
Daily – time cycle also ending October 14th.
trade pressures are showing divergences here at the top. 1158 is the next target up. on a longer cycle 1180 is the final D target.
1130 will signal a short entry to 1107. a further break of the 1116 low would confirm a full move down to 1062.50