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Weekly – The prior lows held support. Trade pressures are down. Volumes are bullish.
Daily – Long. In the trade from the 2.63 long entry. Trade pressures are up. Volumes are neutral.
Consolidating at the 2.70 target. The next target up is 2.76.
A close below 2.64 would signal lower.
Use the 2.64 as the new stop.
[6-25-19: Rallied to 2.76. Raise the stops to 2.71.]
[6-26-19: Stopped out this AM CST.]
Weekly – Touched the 1408 upside target. Trade pressures are still in the neutral zone but rising. Volumes are bullish.
Daily – Flat. In the second leg up from the 1342 new long entry. Trade pressures are up. Volumes are bearish.
Reacting to the unfocused war talk coming out of the White House. The next target up is 1418.
A close below 1394 would signal lower.
Weekly – Still in the down trend, but rallying. Trade pressures are rising into the neutral zone. Volumes are bullish.
Daily – Flat. In the move up from the 14.78 long entry. Trade pressures are up. Volumes are bearish.
The next target up is 15.62.
A close below 15.05 would signal lower.