Monthly – Trade pressures remain up. Volume has turned neutral from bullish.next target up is 2191.
the monthly time cycles show downward pressures into June 2015.
Weekly – Trade pressures are down. Volume has turned neutral from bullish. Price has traded around the 2016 short entry for three weeks but no trigger yet. Be Alert! as this will confirm the Daily sell, and signal lower to 1904.
Daily – the trade was short from the 2037 short entry on Jan 12th. Eventually traded down to the 80 day and other nearby targets around 1978. the 1967 target and the 200 Day moving average are still active.
Trade pressures turned up as price closed above a short cycle retracement long entry at 2001 which was confirmed by a subsequent breakout above the pitchfork. The 2048 target was met and the move up was stopped on Friday by the 2062 pivot high.
Trade pressures are up. Volume is bullish. The next target up is 2097.
a close below 2035 would restart the move down.