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Weekly РThe May 2018 long trend is intact. Trade pressures are up. Volumes are  bullish.

Daily – In the move up from the 97.57 entry level. Trade pressures are up and extended. Volumes are bearish.

The next target up is 98.59.

A close below 97.35 would signal lower.



Weekly – In the uptrend. Trade pressures are up. Volumes are bearish.

Daily – Flat. Out of the December trade at the downtrend resistance line. Trade pressures are up but declining. Volumes are neutral.

A break above the 160-04 level would signal a resumption of the move up.

A close below 157-17 would signal a move lower.


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