Author: ChasW

S&P 500 Futures

#emini #spfutures #SP500 #ES

Market Summary:

Copper moving down with the equity markets.  Gold forms a lower high. Silver is consolidating at the 200 day MA.

Crude is a long, OB.  Natural Gas is a long, also OB.

The US 30yr Treasury is lower, needs a breakout. The 10yr yields down to the 4.30’s.

The US Dollar is at a long entry.

_________________

S&P 500 Futures   #ESM25

Monthly –Monthly bar continues to rally. closes above the prior month high. Trade pressures remain in the neutral zone. Volumes closed the month of April as bullish.  The 6283 price remains the adjusted high. The next target up is 5935. A close below 5586 would confirm any weekly move lower.

Weekly – The weekly bar moves higher and again touches the October median line.  Trade pressures remain down, turning up. Volumes are bullish.  The next target up is 5911. A close below 5410 would confirm any daily move lower.

Daily – Long. Flat; stopped out of the 5319 long trade on 5/7.  Trade pressures are up; turning down.  Volumes are bearish.

The next target up remains 5761, but near the OB levels. The expected overbought level rises to 5724.

A close below 5630 would signal lower. The expected oversold level rises to 5466.

___________________

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 marked to the market and is restarted 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 for the week, now at $119,000.
The Year-to-Date portfolio performance is up 19%.

US$$

#usdollarfutures #ustreasurybondfutures

USD_ DXM25

Weekly –  In the March 2025 downtrend.  Trade pressures are down. Volumes remain neutral.

Daily –Long. In the new uptrend at 98.79 on 5/8, again at overbought levels. Trade pressures are up.  Volumes are bullish.

The next target up is 102.90. The expected overbought level decline to 100.90.

A close below 99.96 would signal lower. The expected oversold levels rise to 98.50.

 

US30YR T-BOND_ USM25

Weekly – In a new April 2025 uptrend but quickly dropped to support.  Trade pressures are up into the neutral zone.  Volumes are now bearish.

Daily  – Flat. Retraced the move up, back down to the 114-11 long entry price. Trade pressures are down.  Volumes are bearish.

Need a close above the bull flag at 115-11 to re-enter. The next target up is 117-15. Overbought levels are 119-28.

A close below 113-23 would signal lower. Oversold levels are 111-04.

Oil & Gas

#crudeoilfutures #naturalgasfutures

CRUDE_ CLM25

Weekly – In the April 2025 downtrend. Trade pressures are down. Volumes are bearish.

Daily –Long. In the move up from the 58.15 entry on 5/6.  Trade pressures are up.  Volumes are buliish.

The long trade was stopped out for a small gain. OB now, so look for a pull back below 59.26 to re-enter long.  The expected overbought levels declines to 62.14.

The next target down is 59.05. The expected oversold level declines to 56.16.

 

NAT GAS_ NGM25

Weekly – Still in the January 2025 uptrend. Trade pressures are up into the neutral zone.  Volumes are neutral.

Daily – Long.  In the move up from the 3.15 entry on 4/28, and a new bull flag breakout at 3.76. The first trade was stopped out at 3.26.  Trade pressures are up.  Volumes are bullish.

The next target up is 4.38. The expected overbought level rises to 3.80.

A close below 3.43 would signal lower. The expected oversold level rises to 3.19.

Metals

#copperfutures #goldfutures #silverfutures

COPPER_ HGN25

Weekly – In the September 2024 uptrend. Trade pressures are down. Volumes remain bearish.

Daily – Flat. In the move down from the 4.67 short entry on 5/8. Wait for the 120 min to confirm. Trade pressures are down.  Volumes are bullish.

The next target down is 4.31. The expected oversold levels decline to 4.40.

A close above 4.68 would signal higher. The expected overbought levels decline to 4.87.

 

GOLD_ GCM25

Weekly – In the December 2023 uptrend.  Trade pressures remain up.  Volumes remain bearish.

Daily – Flat. the retracement of the move down sets a lower high. A close below 3323 would signal a new short. Trade pressures are down.  Volumes are neutral.

The next target down is 3273. The expected oversold level rises to 3248.

A close above 3361 would signal a resumption of the move up. The expected overbought level rises to 3440.

 

SILVER_ SIN25

Weekly – In the December 2023 uptrend. Trade pressures are up, but declining.  Volumes are bearish.

Daily – Flat. Consolidating at the 200 day MA and forming a bull flag. Trade pressures are down.  Volumes are neutral.

Failure of the 200 day to hold would trigger a short. The next target down is 32.40.  The oversold levels rise to 29.10.

A close above the bull flag at 32.29 would signal higher. Overbought levels rise to 33.76.

 

S&P 500 Futures

#emini #spfutures #SP500 #ES

Market Summary:

Copper moving down.  Gold is basing. Silver is retracing the move up.

Crude is a short.  Natural Gas is a long.

The US 30yr Treasury is retracing the recent move up. The 10yr yields down to the 4.20’s.

The US Dollar is finding some support and near a long entry.

_________________

S&P 500 Futures   #ESM25

Monthly –Monthly bar continues to rally. now back above 5700. 4832 was the low of the sell-off. Trade pressures are still in the neutral zone. Volumes closed the month of April as bullish.  The 6283 price remains the adjusted high. The close above 5352 confirmed the weekly move higher.

Weekly – The weekly bar moves higher and touches the October median line.  Trade pressures remain down, turning up. Volumes are bullish.  The nest target up is 5911. A close below 5394 would confirm any daily move lower.

Daily – Long. In the new move up from 5319 on 4/23.  Trade pressures are up.  Volumes remain bullish.

The next target up is 5761. Thru the resistance at 5615. The expected overbought level rises to 5711.

A close below 5546 would signal lower. The expected oversold level rises to 5405.

[4-26-25: Set the SL at 5468.]

[5-2-25: Raise the SL to 5546.]

[5-7-25: Raise the SL to 5600.] [5-7-25: stopped out at 5600.]

___________________

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 marked to the market and is restarted 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 for the week, now at $125,000.
The Year-to-Date portfolio performance is up 25%.

 

US$$

#usdollarfutures #ustreasurybondfutures

USD_ DXM25

Weekly –  In the March 2025 downtrend.  Trade pressures are down. Volumes are neutral.

Daily –Flat. In the new uptrend at 98.05 on 4/22 post market, but at overbought levels. Trade pressures are up.  Volumes are bullish.

A close above 100.29 would confirm higher. The expected overbought level rises to 100.92.

The next target down is 97.69. The expected oversold levels rise to 98.29.

 

US30YR T-BOND_ USM25

Weekly – In a new April 2025 uptrend but quickly drops to support.  Trade pressures are up into the neutral zone.  Volumes remain neutral.

Daily  – Flat. In the move up off the 114-11, but retraceing part of that move now. Trade pressures are down.  Volumes are bearish.

by a retest of the 113-22 level. The next target up is 117-15. Overbought levels rise to 122-28.

A close below 114-13 would signal lower. Oversold levels decline 105-28.

Oil & Gas

#crudeoilfutures #naturalgasfutures

CRUDE_ CLM25

Weekly – In the April 2025 downtrend. Trade pressures are down. Volumes are bearish.

Daily –Short. In the move down from the 60.58 entry.  Trade pressures are down.  Volumes are bearish.

The next target down is 55.35. The expected oversold level declines to 57.66.

A close above 60.61 would signal higher.  The expected overbought levels declines to 63.24.

[5-6-25: Long from 58.15 after trading below the oversold levels from the 55.30 low pivot. SL 57.20.]

[5-7-25: Raise the SL to 58.53.] [5-7-25: Flat. stopped out.]

 

NAT GAS_ NGM25

Weekly – Still in the January 2025 uptrend. Trade pressures are down.  Volumes are bearish.

Daily – Long.  In the move up from the 3.15 entry on 4/28. The first trade was stopped out at 3.26.  Trade pressures are up.  Volumes are now bullish.

The next target up is 3.76. The expected overbought level rises to 3.57.

A close below 3.43 would signal lower. The expected oversold level rises to 2.80.

 

 

Metals

#copperfutures #goldfutures #silverfutures

COPPER_ HGN25

Weekly – In the September 2024 uptrend. Trade pressures are still in the neutral zone. Volumes are bearish.

Daily – Short. Closed below 4.65 on 4/30. Trade pressures are down, but turning up.  Volumes are neutral.

In a retracement up, look for the RSX to turn down to enter. The next target down is 4.51. The expected oversold levels rise to 4.46.

A close above 4.72 would signal higher. The expected overbought levels decline to 4.89.

[5-6-25: Long at 4.72. SL at 4.67]

[5-7-25: Stopped out at 4.67 for a loss.]

 

GOLD_ GCM25

Weekly – In the December 2023 uptrend.  Trade pressures remain up.  Volumes remain bearish.

Daily – Short. In the move down from 3314. on 4-29. Trade pressures are down.  Volumes are bearisjh.

The next target down is 3154. The expected oversold level rises to 3207.

A close above 3275 would signal a resumption of the move up. The expected overbought level declines to 3436.

[5-5-25: long at 3275. SL at 33.40.]

[5-7-25: Raise the SL to 3362.]
[5-8-25: Stopped out in the premarket at 3362.]

 

SILVER_ SIN25

Weekly – In the December 2023 uptrend. Trade pressures are up, but declining.  Volumes are bearish.

Daily – Flat. Fails the trend at 32.70. Trade pressures are down.  Volumes are bearish.

The next target down is 31.79.  The oversold levels declines to 29.09.

A close above 32.43 would signal higher. Overbought levels decline to 33.73.

[5-5-25: Long, closed at 32.50. SL is 32.16.]

[5-7-25: Raise the SL to the entry price at 32.50.]

[5-8-25: Stopped at 32.50 in the preemarket.]

 

S&P 500 Futures

#emini #spfutures #SP500 #ES

Market Summary:

Copper took profits.  Gold a short. Silver near overbought.

Crude is a long.  Natural Gas at support and near a long entry.

The US 30yr Treasury is a long. The 10yr yields down to the 4.20’s.

The US Dollar is finding some support.

_________________

S&P 500 Futures   #ESM25

Monthly –Monthly bar crashes below 4900 and then rallies back above 5500. Trade pressures are in the neutral zone. Volumes closed the month of March as bearish.  The 6283 price is the adjusted high. The 4917 downside target was touched. The close above 5352 confirms the weekly move higher.

Weekly – The weekly bar moves higher and closes above the 2/21 downtrend line.  Trade pressures remain down. Volumes remain neutral.  The close above 5268 confirms the daily move higher.

Daily – Long. after a 5 day retracement, a new breakout at 5319 on 4/23.  Trade pressures are up.  Volumes are bullish.

The next target up is 5634. Resistance at 5615. The expected overbought level rises to 5524.

A close below 5375 would signal lower. The expected oversold level rises to 5146.

[4-26-25: Set the SL at 5468.]

___________________

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 marked to the market and is restarted 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 for the week, now at $120,000.
The Year-to-Date portfolio performance is up 20%.
(The SPX is up 8% YTD.)

Howmet Aerospace (HWM) will be replaced by Palantir Tech (PLTR) at the next open.

US$$

#usdollarfutures #ustreasurybondfutures

USD_ DXM25

Weekly –  In the March 2025 downtrend.  Trade pressures are down. Volumes are neutral.

Daily –Flat. In the new uptrend at 98.05 on 4/22 post market, but at overbought levels. Trade pressures are up.  Volumes are bullish.

A close above 100.29 would confirm higher. The expected overbought level declines to 100.70.

The next target down is 97.48. The expected oversold levels rise to 98.05.

 

US30YR T-BOND_ USM25

Weekly – In a new April 2025 uptrend but quickly drops to support.  Trade pressures are down.  Volumes are now neutral.

Daily  – Long. Stopped out, then rallies higher. Trade pressures are up.  Volumes are bullish.

The next target up is 117-15. Overbought levels rise to 122-28.

A close below 114-28 would signal lower. Oversold levels decline 105-28.