#emini #spfutures #SP500 #ES

Market Pressures_

Copper has both time frames with trade pressures down. Gold is pulling back to the lower median line and Silver continues moving sideways.

Crude Oil is setting up for a short. Natural gas might make a move on the next bullish reversal of the trade pressures.

The US 30YR Treasury is in the long move down but may make a move into the 160’s first.

THe US Dollar futures are in the move up to the 93.88 level.

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S&P 500 Futures_

Monthly – In consolidation above the 3918 target. Trade pressures are up. Volumes closed the month of February as Bullish. The next target up is 4366. A close  below 3491 would confirm any weekly move lower.

Weekly – In the move up from the 3550 entry. Trade pressures are up but showing divergences. Volumes are bullish. The next target up is 4094. A close below 3675 would confirm any daily move lower.

Daily – Short. In the move down from the 3918 short entry. Trade pressures are up. Volumes are bullish. The next target down is 3830. A close above 3978 would signal higher.

[3-31-21: New highs , short invalidated.]

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Navellier Top 5 Stocks – This Top 5 model portfolio begins the year at $100,000. Only the Top 5 Growth stocks will be tracked this 2021 year. This portfolio has been marked to the market and restarted at $100,000 for the 2021 year.

The portfolio stocks dropped hard this week and ended the week at approximately $110,000, up 10% for the 2021 YTD.  The portfolio had a brief touch of the $150,000 value in early March. However, still outperforming the S&P averages.

Three stocks will replaced Monday. Crowdstrike Holdings (CRWD), United Microelectronics (UMC), and Zoom (ZM) will be replaced by FUTU Holdings (FUTU), Horizon Therapeutics (HZNP) and Boston Beer (SAM).

 

[The author may have long or short positions in any of the securities mentioned.]