the weekly is now signaling lower to 1043.
for reference, the July 2010 low is 976.75

the daily, which is the trade time frame, has traded down thru the 1085 target to 1077 which is an intraday target.
trade pressures have turned up on the hourly ; a move up thru 1092 is needed to get the move up going.
the second time thru may cycle up in the afternoon of the 5th?