#emini #spfutures #SP500 #ES
Market Pressures_
Coper is now a new long. Gold si near a new long entry trigger. Silver is still showing downward pressures.
Crude oil is in a retracement down. Natural gas is in a new short, but likely only a retracement also.
The US Treasury Bonds had a nice move up , but is now at the at the 200 day MA and is experiencing resistance.
The US Dollar futures are near a beginning of a new move down.
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S&P 500 Futures_
Monthly – Another new high. Trade pressures are up. Volumes closed the month of June as bullish. The next target up is 5027. A close below 3895 would confirm any weekly move lower.
Weekly – Still in the move from the November long entry at 3524. Trade pressures are up. Volumes are bullish. The next target up is 4599. A close below 4098 would confirm any daily move lower.
Daily – In the move higher from the breakout at the 4335 long entry level. Trade pressures are up but turned down to near the neutral zone. Volumes are now bullish after a bearish prior day. The next target up is 4392. A close below 4274 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 lower but ended the week at approximately $132,000, up 32% 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.
[The author may have long or short positions in any of the securities mentioned.]