S&P 500 Futures

Market Pressures_

Both Copper and Gold rallied with the US equity markets.

Crude Oil indicators are turning up, a possible entry is nearby.

US Treasury bonds are in a move up, but look for a possible short signal.

The US Dollar is in upward consolidation after the late August sharp move down.

__________________

S&P 500 Futures_

Monthly – Price is sitting on the 1896 short confirmation level. Trade pressures are down. The September month volume closed Neutral changing from the prior month’s bullish.

Weekly – The Chart is bearish. Trade pressures are down but beginning to rise slightly. Volume has turned to bullish from the prior week’s bearish.

Daily – Long . The Friday volatile action closed above the 1905 long entry. The first profit target up is 1978. Use any pullback on Monday to attempt an entry near the long entry price.

Trade pressures are neutral, but almost ready to turn up. Volume close on Friday changed to Bullish from bearish.