Monthly pressures remain up. weekly pressures have reached overbot.
Upside targets are 1424, 1442, 1510, 1532, 1537.

the time pressures have turned down and this cycle ends 4/20.

a move down thru 1367 signals a new move down.

 

The monthly move is up.
the weekly move is near the final target of 1363.

and as the pullback worry increases. the daily has triggered a new move up from 1329.
a trade down thru 1319 would start a move down.

the intraday has made a few tries to sell off, but the buyers seem to come in at the end of the day.
the market is set up for a “fail”, and the trigger is likely to be some event.

Monthly and weekly trade pressures are still up. the weekly time pressures are up until March 30th.

Daily at the 1319-1329 target and consolidating.
time pressures are now up. trade pressures are up and very extended.

next target up is the 1362 May 31st high.

any selling will get more selling.
a move below 1296 would suggest a correction to 1246.

WEEKLY_ broken out of the downtrend and testing the 1283 high.
trade presures are up and time pressures are up.
next target up is 1299.
next target down is 1110.

DAILY_  the trade is up. the next target is 1278.
trade pressures are neutral
and time pressures are down thru  Jan 11th- Jan 20th, then two cycles turn up.

a trade down thru 1244 would stop the rally and restart the move down to test the November lows.

Monthly and weekly pressures are both up.
time pressures are up thru the end of March.

while still inside the longer cycle uptrade, the current trade is down to 1176.
however the trade pressures are fully oversold and due for a bounce.
a trade up thru 1227 should start the rally to the 1270 area.

long time pressures are up thru April.
trade pressures are down but have positive divergences.

the trade is long from 1202 to 1284.
resistance here at 1251. a trade down thru 1230 signals a pullback to 1183.
most likely any profit taking pullback is to the short entry. will have to see what the indicators show then.

the long term trade up remains intact with trade pressures up and time pressures turning up next month.

after the short entry of 1252, the 1208 support is now being tested. 1198 is the next target down.
time pressures are down thru thanksgiving.
trade pressures are down.

a move back up thru 1263 would restart the move up to a 1343 target.

Monthly trade pressures have turned up and the time pressures are up beginning this month.
Weekly time pressures are just turning up.

Daily _  we are in the move up from 1263 to 1345.
trade pressures are up. time pressures are down til 11/29.

a trade down thru 1252 may start a move down to the bottom of this new range – 1208.

Monthly and weekly pressures are up with a nearby target of 1305.

daily -currently in the move down to 1198. the 1204 fib support held the down move.
Time pressures are down thru thanksgiving. trade pressures are turning up.
Most likely scenario is sideways to Thanks giving and then up.

today’s price of 1263 is the long entry for a trade to 1345 on the daily.
but need to close above that entry price.

it is all about the dollar.

the trade down thru 1258 was the short entry to 1213 which was made in one day.
the next target down is 1167.
while the time pressures are down thru thanksgiving, there is fib support at 1204.

a move back up thru 1263 could get this rally going thru the year end with a 1345 target.