#emini #spfutures #SP500 #ES

Market Pressures_

Copper tested support and is moving higher to retest the highs. Gold is at multiple resistances. Silver keeps moving to the right.

Crude oil has also tested the support and is looking higher. Nat Gas is in a new move down.

The US 30YR Treasuries are in a new move up.

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S&P500 Futures_

Monthly – In the May 2020 move up from 2823. Trade pressures are up. Volumes closed the month of April as bullish. The next target up is 4366. A close below 3770 would confirm any weekly move lower.

Weekly – In the move from the November 3550 long entry. Trade pressures are up. Volumes are  bullish. The next target up is 4638. A close below 3935 would confirm any Daily move lower.

Daily – Flat. The prior short was stopped out with a loss. Trade pressures are up. Volumes are bullish. The next target up is 4293. A close below 4186 would signal lower.

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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 traded up this week and ended the week higher at approximately $123,000, up 23% for the 2021 YTD.  The portfolio had a brief touch of the $150,000 value in early March 2021, then a low of $100,000 a few weeks later, now grinding higher once again.

BioNTech (BNTX), Restoration Hardware (RH) and Taiwan Semiconductor (TSM) will replace NIO Inc. (NIO), United Microelectronics (UMC) and Boston Beer (SAM) at the open on Tuesday Morning.

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