For Thursday, 4200.75 can contain session strength, 4120.00 attainable intraday and able to contain session weakness. A settlement today below 4120.00 indicates the 4077.50 - 4081.00 longer-term support area tomorrow, able to contain selling into May activity and above which 4253.50 - 4268.25 long-term resistance remains a 2 - 3 week objective. Upside...
For Thursday, the 78.65 - 79.55 area can contain selling through the balance of Q2, above which 88.72 remains a 3 - 5 week objective, the next several months likely to yield 96.53. On the other hand, a daily settlement below 78.65 signals 76.20 within 3 - 5 days, with a weekly settlement tomorrow below 78.65 then indicating 71.76 over the next 3 - 5 weeks....
For Wednesday, 4196.75 can contain session strength, 4117.25 attainable intraday and able to contain session weakness. A settlement today below 4117.25 indicates the 4077.50 - 4083.25 longer-term support area tomorrow, able to contain selling into May activity and above which 4255.25 - 4268.25 long-term resistance remains a 2 - 3 week objective. Upside...
For Wednesday, the 78.65 - 79.55 area can contain selling through the balance of Q2, above which 88.77 remains 3 - 5 week objective, the next several months likely to yield 96.53. On the other hand, a daily settlement below 78.65 signals 76.20 within 3 - 5 days, while a weekly settlement Friday below 78.65 should mark a good high into June, 71.76 then...
For Tuesday, the 4077.50 - 4085.50 area can absorb selling through April, above which 4256.75 - 4268.25 long-term resistance remains a 2 - 3 week objective. Upside Tuesday, 4193.00 can contain session strength, while closing above 4193.00 indicates the targeted 4256.75 - 4268.25 within the week, where the broader market can top out through Q3 and a significant...
For Tuesday, 83.11 can contain session strength, below which the 78.65 - 79.55 area is attainable over the next several days and able to contain selling through the balance of Q2. Holding above 79.55 will keep 88.14 in reach as a 2 - 3 week objective, the next several months likely to yield 96.53. On the other hand, a daily settlement below 78.65 allow 76.21...
The 4077.50 - 4087.75 area can contain selling through April, above which 4258.50 - 4268.25 long-term resistance remains a 2 - 3 week objective able to contain buying through Q3, and a significant upside pivot point through the balance of the year. A weekly settlement above 4268.25 should mark the resumption of a long-term bull market, anticipating a retest of...
Upside, the 78.65 - 79.55 region can contain selling into summer trade, above which 88.20 remains a 2 - 3 week objective, the 96.53 formation expected over the next 2 - 3 months where the broader market can top out through summer activity. Downside, a weekly settlement below 78.65 indicates a good spring high, 71.76 then consider 3 - 5 week objective able to...
For Friday, the 4088.50 - 4090.00 area can absorb selling through April, above which 4260.25 - 4276.50 long-term resistance remains a 2 - 3 week objective. Upside Friday, 4185.50 can contain session strength, while closing above 4185.50 indicates the targeted 4260.25 - 4276.50 by the end of next week, where the broader market can top out through Q3 and the...
For Friday, 83.01 can contain intraday strength, below which the 80.17 - 80.70 area is attainable intraday and able to contain selling through the balance of Q2. Holding above 80.70 will keep 88.27 in reach over the next several weeks, the next several months likely to yield 97.14. On the other hand, a weekly settlement today below 80.70 will keep the market...
For Thursday, the 4088.50 - 4092.25 area can absorb selling through April, above which 4262.00 - 4276.50 long-term resistance remains a 2 - 3 week objective. Upside Thursday, 4151.25 can contain intraday strength, beyond which 4178.50 is likely and able to contain session strength. A settlement today above 4178.50 indicates the targeted 4262.00 - 4276.50...
For Thursday, 83.01 can contain session weakness, above which 85.46 is likely over the next several days, able to contain session strength. Closing today above 85.46 indicates the targeted 88.33 within several more days, where the market can top out into May activity and the point to settle above for yielding the 97.14 longer-term objective within 3 - 5 more...
For Wednesday, the 4088.50 - 4094.50 area can absorb selling through April, above which 4263.50 - 4276.50 long-term resistance remains a 2 - 3 week objective. Upside Wednesday, 4150.00 can contain intraday strength, beyond which 4178.50 is likely and able to contain session strength. A settlement today above 4178.50 indicates the targeted 4263.50 - 4276.50...
For Wednesday, the 80.17 - 80.82 region can contain selling through the rest of the week, above which 83.01 is likely over that time horizon. Overall, yesterday’s settlement above 80.82 may well have longer-term bullish implications, with a weekly settlement Friday above 80.82 clearly indicating 88.39 within 2 - 3 weeks, 97.14 within 2 - 3 months. Downside...
For Tuesday, the 4088.50 - 4096.75 area can absorb selling through April, above which 4265.25 - 4276.50 long-term resistance remains a 2 - 3 week objective able to contain buying through Q3. Upside Tuesday, 4149.00 can contain intraday strength, beyond which 4186.50 is likely and able to contain session strength. A settlement today above 4186.50 indicates the...
For Tuesday, the 80.17 - 80.89 region can contain buying through April, below which 71.03 is likely over the next 3 - 5 weeks, possibly lower into summer activity. Downside Tuesday, 79.31 can contain session weakness, while closing below 79.31 signals 75.14 within 3 - 5 days, dropping daily and able to contain selling into next week. Upside Tuesday,...
The 4088.50 - 4099.00 area can contain selling through April, above which 4267.00 - 4276.50 long-term resistance remains a 2 - 3 week objective able to contain buying through Q3, and a significant upside pivot point through the balance of the year. A weekly settlement above 4276.50 should mark the resumption of a long-term bull market, anticipating a retest of...
The 80.17 - 80.95 region can contain monthly buying pressures, possibly into summer activity, below which 71.03 remains 3 - 5 week target, possibly lower into summer trade. Downside, 71.03 can contain weekly (possibly monthly) selling pressures, while closing below 71.03 indicates 57.44 within 3 - 5 weeks, possibly 53.87 within several months. Upside, a daily...