the long term target of 1345 remains in place. time pressures are up and extended. the time pressures turn down in May 2011.

the daily short entry went to the first target of 1251.
this move up today triggered the long entry at 1294 and took out the recent high.
[always interesting to see the the pressure changes work.]
the next target up is 1310.
[update; the 1310 was reached and is now acting as support. the next target up is 1326.]

trade pressures are up and extended and the time pressures are up; they peak Feb 15th.