Market Pressures_
Gold in a move down. Copper in a move up. Silver consolidating after its move up.
Crude in a move down. Nat Gas in a unconvincing short.
US 30yr Treasury prices are in a move down.
The US Dollar futures are consolidating at the 96 level.
The Turkish coup attempt should send funds to safe haven trades.
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Monthly – Five months of bullish bars. Trade pressures are up. The June month closed as bullish.
Weekly – new highs at 2168. The next targets up are 2180. Trade pressures are in the neutral zone and rising. Volumes are bullish. A close below 2095 would confirm a new move down.
Daily – Flat. Have reached the 2164 retracement target. Trade pressure are up and extended. Volumes remain bullish.
The next target up is 2188.
A close below 2133 could start a retracement down to 2030.