3 June 2016 - EOD, EOW

Expecting a higher high to exceed the high made in April to complete the minimum Neg. Divergence on the weekly chart.  For some, the close this week is higher than the close of the weekly high made in April so in that retro-spec. the divergence could be in place.

Watch for a CIT that would push prices for weeks to lower levels once the signal in the weekly exits its OB range.  200 WKLY MA is at 1850, which should be nearing a the levels of the past lows spanning 2.5 years (Aug. 2015, Oct 2014, April 2014).

Immediate time-frame still favours the up-trend where our ST and PA is pointing, keeping things in SYNC.  First straight forward analysis we have had in a while.

SEN: Bullish
ST: UP
PA: UP