Down from 1212 high. the next target down remains 936. the entry price for a new move up is 1145.
Both monthly and weekly time pressures are down into mid October.
trade pressures are beginning to show oversold.
Daily –
in the down move from 1097, the next target is 1032.50. 1068 will signal a new move up to 1097; which is still in the downward channel. Some divergence is suggesting the down move is becoming oversold.
[Update Friday 27th10:44amCST] GDP down, long bonds down, S&P up.
need to take out the 1061 8/26 intraday high and move thru the 1068 EP.