long term coincident upside targets at 1345 remain in place.  a move down thru 1075 is required to start a new leg down.
long cycle time pressures show up for the 2011 year; with shorter cycles showing downward pressures in the latter half of 2011.

Daily – still in the move up to 1358.
a retracement correction to 1200 would start with a move down thru 1257.  first support would occur at 1229.50
trade pressures are extended up and showing some divergence.
time pressures are down from the Jan 5th peak to Jan 31.