Market Pressures_

Copper is testing the short entry lower after a nice run up.

Gold is looking lower. But Silver could be setting up a new long entry.

Crude Oil is in the move up but needs to break above the October highs to continue higher. Natural Gas appears to be targeting the 4.00 level.

The US 30 Treasury Bonds are still in the downtrend, but be alert for a corrective move up in price.

The US Dollar is still showing capital inflows but has resistance at the levels.

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S&P 500 Futures_

Monthly – The close above 2164 provided the monthly long confirmation. Trade pressures remain up. Volumes closed the November month as bullish.

Weekly – The downtrend caused by the election night breakdown has been reversed. Trade pressures are up. Volumes remain bullish.

The next weekly target up is 2305. A close below 2183 would signal an end to this move up.

Daily – Flat. In the move up from the 2123 level. Trade pressures are up. Volumes remain bullish.

The next target up 2283.

A close below 2217 would signal lower.

Use that short entry as a stop level, if long.