Market Pressures_

The Copper trade is flat looking for a new entry.

Gold and Silver are pulling back.

Crude is testing the lows again.

Natural Gas in a long trade, but very near a profit target.

The US 30 YR Treasury is in a short trade.

The US Dollar is pressing lower.

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S&P 500 Futures_

Monthly – The month tried to move above the years highs but could not succeed. The trade pressures closed in th neutral zone. The Volumes closed the month as bearish from the prior month’s neutral reading.

Weekly – In the sideways channel beginning in early November 2015 and closed in mid channel. Trade pressures are rising and neutral. Volumes remain bearish.

Daily – Flat. Still in the downtrend. Trade pressures have fallen back int the neutral zone. Volumes have changed from bullish to bearish in the last few days of the 2015 year.

The pressures due to time now have begun a new upward cycle.

2049 is a level that the market could pivot to long or short.

Wait for the volumes to return to begin 2016 trades.