Author: ChasW

S&P 500 Futures

#emini #spfutures #SP500 #ES

Market Pressures_

Copper remains in the move up. Gold and silver a re pressing down.

Crude Oil Is in a short trade but looks like a new move up is close. Natural gas remins in the move up.

The US 30 Year Treasury Bond is in the sharp move down.

The US Dollar futures are is a slow move down.

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S&P 500 Futures_

Monthly – Six months in the the new monthly move up. Trade pressures are up. Volumes closed the month of August as bullish. The next target up is 3408. A close below 2808 would confirm any weekly mover lower.

Weekly – In the new move up from the 2942 new long entry. Trade pressures are in the neutral zone. Volumes are bullish. The next target up is 3048. A close below 2901 would confirm any daily move lower.

Daily – Flat. In the move up from the August 26th move up thru 2845. Trade pressures are up. Volumes are neutral.

The next target up is 3072.

At the median line and near the prior highs, which should signal some profit taking. A close below 2963 would signal lower.

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Navellier Top 8 Stocks – This Top 8 model portfolio began the year at $100,000 and remains  approximately $112,000, or up about 12 percent for the year-to-date which is trailing the major averages.

 

[The author may have long or short positions in any of the securities mentioned.]

US$$

#usdollarfutures  #ustreasurybondfutures USD_ DXZ19 Weekly – Consolidating at the 97 level. Trade pressures are up. Volumes are bearish. Daily – In the move down from the short entry at 98.33. Trade pressures are down. Volumes are neutral. The next target down is 97.42. A close above 98.55 would signal higher.   US 30YR T-BONDS_ USZ19…

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Oil & Gas

#usdollarfutures  #ustreasurybondfutures CRUDE_ CLV19 Weekly – The ,long summer of consolidation around the 55 level. Trade pressures are in the neutral zone. Volumes are bearish. Daily – Flat. In the move down form the 56.12 short entry. At the lower median line. Trade pressures are in the neutral zone. Volumes are bearish. The next target…

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Metals

#copperfutures #goldfutures #silverfutures COPPER_ HGZ19 Weekly – Third week of the rally. Trade pressures are up in the neutral zone. Volumes are bullish. Daily – Flat. In the move up from the 2.53 long entry price. Trade pressures are up. Volumes are bullish. Thru the 2.67 target. The next target up is 2.79. A close…

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S&P 500 Futures

#emini #spfutures #SP500 #ES

Market Pressures_

Copper is in a move up. Gold and Silver are now in new moves down.

Crude Oil is moving side ways but near a new short entry. Nat Gas is in the move up.

The US Treasuries are in a retracement move down.

The US Dollar futures are also in the retracement move down.

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S&P 500 Futures_

Monthly – Remains in the move up off the 2904 new long entry. Trade pressures are up. Volumes closed the month of August as Bullish. The next target up is 3408. A close below 2808 would confirm any weekly move lower.

Weekly – The weekly move down from 2901 is now stopped out by the close above the 2942. Trade pressures are in the neutral zone. Volumes are bullish. A close once again below 2901 would confirm any daily move lower.

Daily – In the move up from the Aug 28th recross above the 2846 long entry. Trade pressures are up. Volumes are bullish. Now consolidating above the 2959 target and the 3010 down trend resistance line. The next target up is the prior high at 3020. A close below 2928 would signal lower.

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Navellier Top 8 Stocks – This Top 8 model portfolio began the year at $100,000 and remains  approximately $113,000, or up about 13 percent for the year-to-date which is trailing the major averages.

 

[The author may have long or short positions in any of the securities mentioned.]

US$$

#usdollarfutures  #ustreasurybondfutures USD_ DXZ19 Weekly – In the April 2018 uptrend. Trade pressures are up. Volumes are bearish. Daily – In a retracement move down from the 98.46. Trade pressures are down into the neutral zone. Volumes are bearish. The next target down is 97.17. A close above 98.69 would signal higher.   US 30YR…

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Oil & Gas

#crudeoilfutures #naturalgasfutures CRUDE_ CLV19 Weekly – Sideways drift since May. Trade pressures are in the neutral zone. Volumes are bearish. Daily – Flat. A few wide ranging days . Trade pressures are in the neutral zone. Volumes are bullish. A close below 55.12 would signal lower. A close above 56.55 would signal higher.   NAT…

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Metals

#copperfutures #goldfutures #silverfutures COPPER_ HGZ19 Weekly – Up off the 2.51 lows. Trade pressures are down but rising. Volumes are bearish. Daily – Flat. In the move up from the 2.53 long entry price. Trade pressures are up. Volumes are bullish. The next target up is 2.67. A close below 2.57 would signal lower. Set…

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S&P 500 Futures

#emini #spfutures #SP500 #ES

Market Pressures_

Copper is in a move up, but pulling back. Gold and silver both are in consolidation at prior highs.

Crude Oil is matching the market trading in a wide channel. Natural Gas is in the long trade.

The US 30 Year Treasuries are also in consolidation; a move below 164 would signal lower.

The US Dollar futures are reaching for the 99.00 level.

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S&P 500 Futures_

Monthly – The month closed down. Trade pressures are up. Volumes closed the month of August as Bullish despite the down Month. The next target up is 3408. A close below the 2808 level would confirm any weekly close lower.

Weekly – In the move down after a close below 2870. Trade pressures are down. Volumes are neutral. The next target down is 2712. A close above 2942 would confirm any daily move higher.

Daily – Flat. A previous short position was stopped out with a small gain. Trade pressures are up. Volumes are bullish.

The next target up is 2959. The 25×5 MA is acting as resistance here. A close below 2886 would reestablish the short position. The 60 minute short entry is below 2914.

Downward time pressures end on 9-5; so tight stops on any short positions.

[9-3-19: Short at 2914. Set stops at 2926. Lower stops to BE asap.]

[9-4-19: Stopped out at the 2914 short entry price.]

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Navellier Top 8 Stocks – This Top 8 model portfolio began the year at $100,000 and remains  approximately $113,000, or up about 13 percent for the year-to-date. Cadence Design Systems (CDNS) is replaced by Euronet Worldwide (EEFT). Ingersol Rand (IR) and Insperity (NSP) are replaced by Arbor Realty (ABR) and Capital Southwest (CSWC).

These changes will be effective at the Tuesday open.

 

[The author may have long or short positions in any of the securities mentioned.]