Goldman Sued by SEC.
— happens just at the top of the cycle, so we see maximum impact. (GS down 23 points at this writing)
Weekly – remains in the long trade with the next target at 1221 – 1260. 1140 starts the new short trade to 1071.
Daily – 1222 is the next target up, but near the short entry of 1184.25 with a first target down of 1144 and a final target of 1103.
trade pressures down and time pressures down.
Intraday has moved down quickly to it extended target, seeing some temporary support at a cycle end.