Market Pressures_

Copper remains in the move up.

Gold is trying to start a new move down. Silver is a non starter.

The move up in Crude Oil is at a pause.

US 30yr Bond prices remain in a move down.

The US Dollar (DX) has signaled higher, but lacks follow thru.

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S&P 500 Futures_

Monthly – Trade pressures are down. Volume remains bullish. The next target up is 2172. The monthly confirmation of a short is a close below 1907.

Weekly – In the move down after the weekly close below 2056. Trade pressures are down. Volume has been neutral for three weeks. the 1832 target is likely to be retested.

Daily – No Trade. Trade pressure are working higher, but are still neutral. Volume is mixed, moving between bullish and neutral. Below the 25×5, so still in bearish territory.

1923 – 1933 is developing as a pivot area. A close below this range should signal lower.