#emini #spfutures #SP500 #ES

Market Pressures_

Copper is looking lower. Gold is pressing on a new short entry. Sliver is also reaching a decision point in this next week.

Crude oIl is grinding higher. Natural gas sharp rise is looking for a correction.

The US Treasury bonds are in a new move up.

The US Dollar futures are approaching some resistance to this move up.

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S&P 500 Futures _

Monthly – Reached the 4347 target projected from March of 2016. Trade pressures are up. Volumes closed the month of June as bullish and for 12  months in a row. The next target up is 5027 project off the March 2020 lows. A close below 3878 would confirm any weekly move lower.

Weekly – In the move up from the November 2020 3524 long entry. Trade pressures are up. Volumes remain bullish. The next target up is 4599. A close below 4081 would confirm any Daily mover lower.

Daily – Flat. In the move up from the June 4152 long entry. Trade pressures are up and trending. Volumes are bullish. The next target up is 4594. A close below 4257 would signal a retracement of some of the is move, perhaps back to the 200 day MA at 3819.

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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 lower and ended the week at approximately $135,000, up 35% 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.

Restoration Hardware (RH) and NIO Inc. (NIO) were replaced by Johnson Controls (JCI) and Generac (GNRC) as of Monday’s open.

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