Market Pressures_

Gold and Silver in down moves. Copper may have found a bottom.

Oil is near upside targets. Nat gas is moving around inside its own volatility range.

The US 30yr Treasuries have signaled lower in price.

The US dollar futures are rising.

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S&P 500 Futures_

Monthly – Still near the yearly highs. Trade pressures are down. Volumes closed the month of April bullish. A close below 1884 is the confirmation of a short.

Weekly – A new log confirmation occurred with the close above 2077. Trade pressures are up. Volumes have changed from neutral back to bullish. A close below 2032 would confirm a new short.

Daily – Flat. The short trade from 2072 is still active. The next profit target down is 2020 and was almost touched with the Thursday low of 2022.

Trade pressures are down but rising. Volumes have changed to neutral from bearish.

The 2014 and 2015 year end closes seem to be support levels.

A close above the 25×5 moving average would signal higher.