Author: ChasW

Metals

#copperfutures #goldfutures #silverfutures

COPPER_ HGZ25

Weekly – In the October 2025 uptrend. Trade pressures are up. Volumes remain neutral.

Daily – Long. In the new move up from 5.10 on 10/24, but now in a pullback from the 5.27 level. Trade pressures remain down.  Volumes remain bearish.

Next target up is 5.40. The expected overbought levels rise to 5.25.

A close below 5.05 would signal lower. The expected oversold levels rise to 4.93.

[11-02-25: Set the SL at 4.97.]

[OB/OS channel is rising.]

 

GOLD_ GCZ25

Weekly – In the December 2023 uptrend, resistance at the upper median line parallel.  Trade pressures remain up.  Volumes are now neutral.

Daily – Flat. The week’s selloff goes to 3901and turns up.  Trade pressures are down but rising.  Volumes remain bearish.

A close above 4011 would signal higher, but negative pressures say, “wait”. The expected overbought level declines to 4325.

Support is 3971. The expected oversold level declines to 3832.

[OB/OS channel is declining.]

 

SILVER_ SIZ25

Weekly – In the December 2023 uptrend. Trade pressures remain up, but are turning down.  Volumes remain neutral.

Daily – Flat. reached the 445.81 downside target and rallied from there. Trade pressures are up.  Volumes are bullish.

The close above 47.83 on 10/30 signaled higher. Overbought levels decline to 48.07.

The next target down is 45.81. The oversold levels decline to 46.56.

[11-2-25: No trade. Need to break above the small bull flag at 48.42.]

[OB/OS channel is declining.]

S&P 500 Futures

#emini #spfutures #SP500 #ES

Market Summary:

Copper a new long entry.  Gold and Silver trigger multiple sell stops.

Crude a new long.  Natural Gas rallies to resistance.

The US 30yr Treasury in long trade.
The 10yr yields drop below 4.00%. The expected oversold level for the 10yr yield declines to 3.93%

The US Dollar rises on softer CPI and rate moves.

_________________

S&P 500 Futures   #ESZ25

Monthly –Monthly bar trading rallies to new highs. Trade pressures are up. Volumes closed the month of September as bullish.  The 6841 price is the adjusted high. The next target up is 7148. A close below 6530 would confirm any weekly move lower.

Weekly – The weekly bar rallies off the support at 6581 to new highs.  Trade pressures are up. Volumes remain bullish.  The next target up is the prior high at 7072.  A close below 6567 would confirm any daily move lower.

Daily – Flat. The channel lines are holding in an upward pattern. In the new move up from 6768 on 10/23. Trade pressures are up but very choppy.  Volumes are bullish.

The next target up is 6852. The expected overbought level declines to 6788.

A close below 6767 would signal lower.The expected oversold level rises to 6648.

[OB/OS trend is narrowing.]

__________________

Navellier Top 5 Stocks – This Top 5 model portfolio begins each year at $100,000. The Top 5 Growth stocks are tracked throughout each year. This portfolio is rebalanced to start at $100,000 for the 2025 year.

These Navellier Top 5 portfolio stocks closed:
Down 35% for the 2022 Year.
    Up 17% for the 2023 Year.
   Up 42% for the 2024 Year.

Portfolio stock values for 2025. 
The portfolio value is up sharply for the last week, to $151,000.
The Year-to-Date portfolio performance is up 51%.

The S&P 500 YTD return is up 14.57%

US$$

#usdollarfutures #ustreasurybondfutures

USD_ DXZ25

Weekly –  In the March 2025 downtrend remains below resistance.  Trade pressures are up. Volumes remain bullish.

Daily –Long. In the new move up from 98.46 on 10/21. Trade pressures are up but declining.  Volumes are bullish.

The next target up remains 99.90.  The expected overbought level declines to 99.48.

A close below 98.63 would signal lower. The expected oversold levels rise to 98.30.

[The OB/OS channel is narrowing.]

 

US30YR T-BOND_ USZ25

Weekly – In the April 2025 uptrend.  Trade pressures up.  Volumes remain bullish.

Daily  – Long. In the move up from a breakout at 117-08 on 10-10. Trade pressures are down into the neutral zone.  Volumes are neutral.

The next target up is 121-04. Overbought levels rise to 119-22.

A close below 117-17 would signal lower.  Oversold levels rise to 117-02.

[10-25-25: The OB/OS channel is rising. Raise the SL to 118-00.]

Oil & Gas

#crudeoilfutures #naturalgasfutures

CRUDE_ CLZ25

Weekly – In the June 2025 uptrend, rallying off support. Trade pressures are down, rising. Volumes are bullish.

Daily –Long. In the new move up from 57.70 on 10-21-25. Trade pressures are up.  Volumes are bullish.

The next target up is 62.43. The expected overbought levels rise to 62.45.

A close below 60.96 would signal lower The expected oversold level rises to 57.02.

[OB/OS channel is rising.]

[10-25-25: Set the SL at 60.96.]

[10-27-25: Stopped out at 60.96.]

 

NAT GAS_ NGZ25

Weekly – In the July 2025 downtrend. Trade pressures are up.  Volumes remain bearish.

Daily – Flat, No Trade. In a retracement move down from 4.09 on 10/23. Trade pressures are down.  Volumes are now neutral.

The next target down is 3.85. The expected oversold level rises to 2.90.

A close above 4.06 would signal higher. The expected overbought level rises to 3.50.

[OB/OS channel is rising.]

Metals

#copperfutures #goldfutures #silverfutures

COPPER_ HGZ25

Weekly – In a new October 2025 uptrend. Trade pressures are up. Volumes remain neutral.

Daily – Long. In the new move up from 5.10 on 10/24. Trade pressures remain down.  Volumes remain bearish.

The next target up is 5.24. The expected overbought levels stay at 5.20.

A close below 5.05 would signal lower. The expected oversold levels rise to 4.80.

[OB/OS channel is rising.]

 

GOLD_ GCZ25

Weekly – In the December 2023 uptrend, resistance at the upper median line parallel.  Trade pressures remain up.  Volumes are now neutral.

Daily – Flat. The week’s selloff goes to the 100% retracement target at 4011.  Trade pressures are down but rising.  Volumes closed the week as bearish.

The next target down is 3971. The expected oversold level rises to 4091.

A close above 4169 would resume the move up. The expected overbought level rises to 4362.

[OB/OS channel is rising.]

 

SILVER_ SIZ25

Weekly – In the December 2023 uptrend, but with a spinning top. Trade pressures remain up.  Volumes are now neutral.

Daily – Flat. Consolidating at the 47.50 levels. Trade pressures are down but rising.  Volumes are bearish.

The next target down is 45.81. The oversold levels decline to 47.61.

A close above 49.00 resumes the move up. Overbought levels rise to 49.85.

[OB/OS channel is declining.]

 

S&P 500 Futures

#emini #spfutures #SP500 #ES

Market Summary:

Tariff “not sustainable”. Copper approaching a new long entry.  Gold sells off $200.  Silver spikes to 52 then sells off with gold.

Crude move lower continues.  Natural Gas continues lower.

The US 30yr Treasury up, breaking weekly resisitance.
The 10yr yields drop to the 4.00’s. The expected oversold level for the 10yr yield declines to 3.93%

The US Dollar rises and falls on rate moves and EU talk of recession.

_________________

S&P 500 Futures   #ESZ25

Monthly –Monthly bar trading rallies to form the spinning top once again. Trade pressures are up. Volumes closed the month of September as bullish.  The 6812 price remains the adjusted high. The next target up is 6833. A close below 6501 would confirm any weekly move lower.

Weekly – The weekly bar drops to test the support at 6581.  Trade pressures are up. Volumes are now bullish.  The next target up is the prior high at 6812.  A close below 6461 would confirm any daily move lower.

Daily – Flat. The lower channel line was tested twice, but so far has held at 6571. Trade pressures are down into the neutral zone.  Volumes are bullish.

Looking for a pullback into the low 6600’s.The expected overbought level rises to 6804.

A close below 6667 may start the pullback. A break below 6461 would signal lower.The expected oversold level declines to 6553.

[OB/OS trend is widening.]

 

__________________

Navellier Top 5 Stocks – This Top 5 model portfolio begins each year at $100,000. The Top 5 Growth stocks are tracked throughout each year. This portfolio is rebalanced to start at $100,000 for the 2025 year.

These Navellier Top 5 portfolio stocks closed:
Down 35% for the 2022 Year.
    Up 17% for the 2023 Year.
   Up 42% for the 2024 Year.

Portfolio stock values for 2025. 
The portfolio value is down sharply for the last week, to $147,000.
The Year-to-Date portfolio performance is up 47%.

The S&P 500 YTD return is up 12.71%

US$$

#usdollarfutures #ustreasurybondfutures

USD_ DXZ25

Weekly –  In the March 2025 downtrend remains below resistance.  Trade pressures are up. Volumes remain bullish.

Daily –Long. Retracing the move up from 97.65 on 10-6. Now at support. Trade pressures are down.  Volumes are bearish.

The next target up is 99.90.  The expected overbought level declines to 99.81.

A close below 97.82 would signal lower. The expected oversold levels decline to 98.01.

[The OB/OS channel is declining.]

 

US30YR T-BOND_ USZ25

Weekly – In the April 2025 uptrend.  Trade pressures up but declining.  Volumes remain bullish.

Daily  – Long. In the move up from a breakout at 117-08 on 10-10. Trade pressures are up.  Volumes are bullish.

The next target up is 119-11. Overbought levels rise to 119-12.

A close below 117-29 would signal lower.  Oversold levels decline to 116-14.

[10-18-25: The OB/OS channel is widening. Raise the SL to 117-29.]

Oil & Gas

#crudeoilfutures #naturalgasfutures

CRUDE_ CLZ25

Weekly – In the June 2025 uptrend, testing support. Trade pressures are down. Volumes remain bearish.

Daily –Flat. Trade pressures are down, but at support.  Volumes remain bearish.

At the lower parallel support. the next target down is 54.94. The expected oversold level declines to 56.16.

A close above 57.70 would signal higher. The expected overbought levels decline to 61.31.

[OB/OS channel is declining.]

[10-21-25: Long from 57.70. SL at 60.04.]

 

NAT GAS_ NGX25

Weekly – In the July 2025 downtrend. Trade pressures are just up.  Volumes remain bearish.

Daily – Flat, No Trade. In a retracement move up from 2.98 on 10/17. Trade pressures are down.  Volumes remain bearish.

The next target up is 3.14. The expected overbought level declines to 3.17.

A close below 2.93 would signal lower. The expected oversold level declines to 2.80.

[OB/OS channel is now declining]

Metals

#copperfutures #goldfutures #silverfutures

COPPER_ HGZ25

Weekly – In a new October 2025 uptrend. Trade pressures are up. Volumes are now neutral.

Daily – Long. In the new move up from 4.97 on 10/17. Trade pressures remain down.  Volumes remain bearish.

The next target up is 5.06. The expected overbought levels decline to 5.20.

A close below 4.88 (200 day MA) would signal lower. The expected oversold levels decline to 4.77.

[OB/OS declining.]

[10-17-25: Set the SL at 4.93.]

[10-21-25: Stopped out at 4.93.]

 

GOLD_ GCZ25

Weekly – In the December 2023 uptrend, ignored resistance.  Trade pressures remain up.  Volumes remain bullish.

Daily – Long. Friday selloff goes to the 4192 retracement target.  Trade pressures remain up.  Volumes closed the week as bearish.

In the pullback from the 4392 highs. a close above 4283 would resume move up. The expected overbought level rises to 4362.

A close below 4132 would signal lower. The expected oversold level rises to 4091.

 

SILVER_ SIZ25

Weekly – In the December 2023 uptrend, but with a spinning top. Trade pressures are up.  Volumes are now bearish.

Daily – Long. In the move up from 47.84 on 10-13. Sold off hard on 10/17. Trade pressures are up but declining.  Volumes are now bearish.

The Friday pullback takes price to 50.62. A close above 51.36 resumes the move up. Overbought levels rise to 54.01.

A close below 50.02 would signal lower. The oversold levels rise to 51.27.

[10-21-25: Loing from 47.84 on 10/13. Stopped out at 50.02.]

 

 

S&P 500 Futures

#emini #spfutures #SP500 #ES

Market Summary:

Tariff talk affects Equities and commodities, but not currencies. Copper crashes.  Gold rallys with the USD.  Silver tests 50 and sells off.

Crude move higher failed, crashes.  Natural Gas move up fails, continues lower.

The US 30yr Treasury up but still seeing resisitance.
The 10yr yields drop to the 4.05’s. The expected oversold level for the 10yr yield rises to 4.06%

The US Dollar rises and falls on rate moves. ( and now tariff talk )

_________________

S&P 500 Futures   #ESZ25

Monthly –Monthly bar trading down deep into the prior month bar. Trade pressures are up. Volumes closed the month of September as bullish.  The 6812 price is the new adjusted high. The next target up is 6833. A close below 6489 would confirm any weekly move lower.

Weekly – The weekly bar drops to test the support at 6567.  Trade pressures are up. Volumes are now bearish.  The next target up is 7036.  A close below 6481 would confirm any daily move lower.

Daily – Flat. Two short triggers at 6761. The first was stopped out but this drop on 10/10 flushed them all out. Trade pressures are down into the neutral zone.  Volumes are bearish.

The next target down 6461.  The expected oversold level rises to 6651.

A close above 6584 would signal higher. We’ll wait to see if the TACO happens. The expected overbought level rises to 6778.

[OB/OS trend is rising.]

[10-12-25: Sun nite futures open up at 6631. Resistance at 6679.]

__________________

Navellier Top 5 Stocks – This Top 5 model portfolio begins each year at $100,000. The Top 5 Growth stocks are tracked throughout each year. This portfolio is rebalanced to start at $100,000 for the 2025 year.

These Navellier Top 5 portfolio stocks closed:
Down 35% for the 2022 Year.
    Up 17% for the 2023 Year.
   Up 42% for the 2024 Year.

Portfolio stock values for 2025. 
The portfolio value is up sharply for the last week, to $158,000.
The Year-to-Date portfolio performance is up 58%.

The S&P 500 YTD return is up 14.51%