the down move continues.
the February low is getting its third test; the 990 area remains the attractor.

Weekly – hidden divergences in the trade pressures signal a possible move up.  time pressures are up thru the third week in August.

Daily – the 1084 short entry has been triggered and the first target of 1041 is met today.  the next target down is 1014.50.
trade pressures are down and extended.  time pressures turn down the second week of July.

a trade up thru 1060 will start a new move up.

Now in the September contract.

Long term pressures are still down.  October 29th is the end of the downward time pressures.
the weekly  trade is down, next target is 1043 and 1006.  1176 is require to start a new move up.
Trade pressures are up. Time pressures turn up June 25th til Aug 20, then maximum down pressure til mid-to-late October.

Daily – we are in the retracement trade up from 1077 to 1226; while still inside the longer cycle move down.
the previous down move from 1060 to 1015 was stopped at the prior 1040 lows.
1226 was the previous up target and that is met today on the Chinese yuan news. next target is 1144.

trade pressures are fully extended up. time pressure is down thru June 23rd.
the longer time cycle is up thru July 13 and then turns down at the same time the short cycle.

a trade down thru 1084 will signal a new move down.

Monthly trade pressures remain down, the time pressures are down thru Oct 29th.

Weekly – Trade pressures are down and extended, Time pressures are down thru June 25th. the next downside target remains 1006, with 936 in play if 1006 fails.  a trade thru 1181 is require to restart the move up.

Daily – two time cycles; the longer is up and shorter is down thru June 23rd. trade pressures are down.
the move up from 1081 was stopped twice at the 1110 median line, the next target up is 1126.
1060 is the trigger for a further move down to 1014 and 990.
[closing update: closed below the short entry, 1015 next target.]