I have price reaching the second price objective
for the move up. It is acting as resistance as it should. The target
for this move higher, a retracement, is 1456. For price to start a major
move down it would have to go through 1355 and than the first price objective
would be 1289. There is major divergence at the high and now there is
downside pressure being place on price. The divergence indicates that the
interior of this index is far weaker than price indicates.