Monthly – trade pressures are up. volume is bullish.
the next target is 2204.
Weekly – trade pressures are up. volume is bullish.
the next target up is 2095.
Daily – trade pressures are up and extended. volume has gone to neutral.
the next target up is 2089.
a trade close below 2027 will signal lower.
the moves in oil and gold seem to be a signal for some change.
As a number of sensitive economies rely on oil revenues for their budgets,
these stresses may result in some poor political judgments.