Market Pressures_  #tradesummary

Copper has pulled back with the rally in the dollar. Gold is looking for a new move up as global insults fly.  Silver is tentatively up but can’t follow thru.

Crude oil is drifting with a downward bias. Natural gas has turned back down.

The 30 yr T-bonds are setting up for higher rates.

The US Dollar futures are still in the move down, but have shown attempts to rally.

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S&P 500 Futures_  #eminifutures #spfutures

Monthly – In the move up from the long confirmation at 2152. Trade pressures are up. Volumes closed the month of January as bullish. The next target up is 2768. A close below 2078 would confirm lower.

Weekly – Near to the upside target of 2305. Trade pressures are up and trending. Volumes remain bullish. The next target up is 2487. A close below 2227 would signal lower.

Daily – Flat. In the move up from the 2275 breakout. Trade pressures are down but rising. Volumes have changed to bullish.

The next target up is 2305, then 2351. Expect consolidation and retracement at 2305.

A close below 2260 would signal lower.