Pressures remain up. moving sideways in a channel in the weekly since October of 2009.
1144 starts a new up trend.
Daily –
in the uptrade from 1063. the 1122-1128 area is the current resistance and the trade pressures are turning down. so expect a pullback.
1158 is the upside target if we get thru 1130.
1100 signals a new down move to 1031.
the first support in the down move will be 1076; expect that to hold.