Monthly – volume is neutral. trade pressures are down.
next target up remains 2204.
Weekly – Trade pressures are up. volume is bullish.
still in the trade down until the old highs are taken out.
Daily –
the 1991 short trade went to the 1859 target and then momentum carried it down to a shorter cycle target of 1815.
Last week a new long entry was triggered with a close above 1866. the first target of 1952.96 has been met.
There is resistance at the 1971 pivot. so expect some consolidation here.
the next target up is 2029-2039. But the 2014 high will be another significant resistance point.
a close below 1918 would signal lower.
[10/31 update: overnight futures are up 22 points. this will test the highs.]