Author: ChasW

US$$

#usdollarfutures #ustreasurybondfutures

USD_ DXM25

Weekly –  In the March 2025 downtrend.  Trade pressures are rising into the neutral zone. Volumes remain neutral.

Daily –Flat. Now at lower median line support. Trade pressures are down but rising.  Volumes are neutral.

The next target down is 98.16. The expected oversold levels declines to 98.33.

The break above the upper median line at 99.00 signals higher. Wait for a back test of the breakout line. The expected overbought level declines to 99.74.

[6-7-25: breakout, but weekly says, wait. Look for a new long entry below 99.00 ]

[6-9-25: Bullflag about to breakout. Gold should move lower.]

 

US30YR T-BOND_ USU25

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

Daily  – Flat. Stopped out of the long trade. Should have taken profits at the 114 OB levels. Trade pressures are down.  Volumes are bearish.

The next target down is 110-25. Oversold levels are 110-25.

a close above 112-14 would sgnal higher.  Overbought levels are 114-14.

 

 

Oil & Gas

#crudeoilfutures #naturalgasfutures

CRUDE_ CLN25

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

Daily –Long. Grinding higher from 61.77.  Trade pressures are up.  Volumes are bullish.

The next target up is 65.05. The expected overbought levels rise to 64.02.

A close below 63.25 would signal lower. The expected oversold level rises to 60.48.

[6-7-25: OB. Raise the SL to 63.52]

[6-9-25: Raise the SL to 64.05.] [Take profits on any rally to 66.46.]

[6-10-25: Rasie the SL to 64.50.]

[6-11-25: Profit stop hit at 66.46. Flat.]

 

NAT GAS_ NGN25

Weekly – Still in the January 2025 uptrend. Trade pressures are down to the lower range of the neutral zone.  Volumes remain bearish.

Daily – Flat.  Rallied off the reversal of the short on 6/2 from 3.55.  Trade pressures are up.  Volumes are bullish.

The next target up is 4.14. The expected overbought level rises to 3.91.

A close below 3.71 would signal lower. The expected oversold level rises to 3.25.

[6-9-25: Short at 3.71. Set  the SL at 3.77.]

[6-10-25: Lower the SL to 3.58.]

[6-11-25: SL tirggered at 3.58.]

 

Metals

#copperfutures #goldfutures #silverfutures

COPPER_ HGN25

Weekly – In the September 2024 uptrend. Trade pressures are up. Volumes are now neutral.

Daily – Flat. Tested prior high at 4.96 and begins a new retracement move down.  Trade pressures are up, but declining.  Volumes are now neutral.

Ran to the OB levels and sold off. The expected overbought levels rise to 4.99.

Support at 4.70. A close below 4.70 would signal lower.  The expected oversold levels stay at 4.51.

[6-11-25: Lower towards the lower parllel at 4.71. Should be support.]

 

GOLD_ GCQ25

Weekly – In the December 2023 uptrend.  Trade pressures are up, struggling to get out of the neutral zone.  Volumes remain bullish.

Daily – Short. New short after rally to 3421. Short from 3380 on 6/6. Trade pressures are down.  Volumes are bearish.

The next target down is 3302. The expected oversold level rises to 3248.

A close above 3367 would signal higher. The expected overbought level rises to 3407.

[6-7-25: Set Short SL at 3366.]

[6-9-25: Lower SL to 3352.] [Close the short. Price breaks above the 6/5 downtrend line at 3344. Flat]

 

SILVER_ SIN25

Weekly – In the December 2023 uptrend. Trade pressures are up.  Volumes are bullish.

Daily – Long. In a sharp  move up from 33.58 on 6/2. Trade pressures are up.  Volumes are bullish.

The next target up is 37.37.  Now OB. Overbought levels rise to 36.56.

A close below 35.58 would signal lower. The oversold levels rise to 34.98.

[6-7-25: Set the SL at 35.58.]

[6-9-25: Raise SL to 35.85.][ At the close: Raise SL to 36.25]

[6-11-25: Stopped out at 36.25. Flat. ]

S&P 500 Futures

#emini #spfutures #SP500 #ES

Market Summary:

Copper is retracing the move up to resistance.  Gold showing successive lower highs. Silver in second bull flag.

Crudebreaks out of bullflag once again.  Natural Gas now short.

The US 30yr Treasury is a new long. The 10yr yields return to the 4.50’s.

The US Dollar is at support.

_________________

S&P 500 Futures   #ESM25

Monthly –Monthly bar closes well above the prior month high. Trade pressures remain in the neutral zone. Volumes closed the month of May as neutral; on lower volumes.  The 6233 price remains the adjusted high. The next target up remains 6196. A close below 5770 would confirm any weekly move lower.

Weekly – The weekly bar is above the October median line which is acting as support for now.  Trade pressures are up. Volumes remain bullish.  The next target up is 6197.  A close below 5677 would confirm any daily move lower.

Daily – Flat.  In the retracement move down and touched the 61% target of 5861 on 5/30, which could act as support. Trade pressures are down into the neutral zone. Volumes again choppy and finished the week as bearish.

The next target down is 5771. The expected oversold level rises to 5760.

A close above 5972 would signal higher. The expected overbought level rises to 6013.

[6-6-25: New Long entry at 5972. SL is 5929.]

 

__________________

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 $127,000.
The Year-to-Date portfolio performance is up 27%.

 

US$$

#usdollarfutures #ustreasurybondfutures

USD_ DXM25

Weekly –  In the March 2025 downtrend.  Trade pressures are rising into the neutral zone. Volumes remain neutral.

Daily –Flat. Now at lower median line support. Trade pressures are down.  Volumes are bearish.

The next target down is 98.53. The expected oversold levels declines to 98.60.

A close above 99.64 would signal higher. The expected overbought level declines to 100.35.

[Taxes and tariffs act as drag on the dollar; but you know – TACO.]

[6-6-25: Basing. Look for a long entry at 99.82 ]

 

US30YR T-BOND_ USU25

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

Daily  – Long. In the move up off the 112-20 long entry on 6/1. Trade pressures are up.  Volumes remain bullish.

The next target up is 115-21. Overbought levels remain at 112-20.

A close below 111-21 would signal lower. Oversold levels are 110-09.

[Set the SL at 111-21.]

[6-4-25: Raise the SL to 111-27]

[6-6-25: Close the trade at 112-07.]

Oil & Gas

#crudeoilfutures #naturalgasfutures

CRUDE_ CLN25

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

Daily –Long. Sunday nite trading trades thru the 61.77 long entry.  Trade pressures are up.  Volumes are neutral.

The next taarget up is 65.05. The expected overbought levels declines to 62.82.

A close below 59.97 would signal lower. The expected oversold level rises to 60.48.

[6-1-25: Sun nite session. Set the SL at 60.50.]

[6-2-25: Raise the SL to 61.88.]

[6-625: Raise the SL to 62.85]

 

NAT GAS_ NGN25

Weekly – Still in the January 2025 uptrend. Trade pressures are down to the lower range of the neutral zone.  Volumes are neutral.

Daily – Short.  In a move down form 3.70 on 5/28. Trade pressures down.  Volumes are bearish.

The next target down is 3.17. The expected oversold level rises to 3.11.

A close above 3.56 would signal higher. The expected overbought level rises to 3.76.

[Set the SL at the 200 day MA, 3.55.]

[6-2-25: 3.55 SL triggered.]

Metals

#copperfutures #goldfutures #silverfutures

COPPER_ HGN25

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

Daily – Long. Tested resisitance at 4.89 and began a retracement of the prior move up.  Trade pressures are down.  Volumes are now neutral.

Took profits on a SL above the OB levels. May consider a new buy, at a break above 4.72. The expected overbought levels rise to 4.83.

A close below 4.66 would signal lower.  The expected oversold levels decline to 4.51.

[6-1-25: Long at 4.71. SL at 4.76]

[6-3-25: 4.76 stop tiggered.]

 

GOLD_ GCQ25

Weekly – In the December 2023 uptrend.  Trade pressures are up, just above the neutral zone.  Volumes remain bullish.

Daily – Short. In the move down from 3352 on 5/27.  Trade pressures are down.  Volumes are bearish.

The close below 3311 on 5/29 signaled lower, but wait for price improvement to enter. The expected oversold level rises to 3186.

A close above 3343 would signal higher. The expected overbought level rises to 3356.

[Set any short SL at 3343.]

[6-2-25: Breaks above the downtrend line at 3344. no trade.]

 

SILVER_ SIN25

Weekly – In the December 2023 uptrend. Trade pressures are up.  Volumes are bullish.

Daily – Flat. In the bull flag move down from 5/22. Trade pressures are down.  Volumes are bearish.

Need a breakout above 33.58 to restart the move up. Overbought levels rise to 33.78.

A close below 32.78 would signal lower. The oversold levels rise to 29.10.

 

S&P 500 Futures

#emini #spfutures #SP500 #ES

Market Summary:

Copper had sharp rally to resisitance.  Gold rallies to the April trendline. Silver breaks out of bull flag.

Crudebreaks out of bullflag.  Natural Gas remains in the pullback.

The US 30yr Treasury is again lower. The 10yr yields rise to the 4.50’s.

The US Dollar is a short.

_________________

S&P 500 Futures   #ESM25

Monthly –Monthly bar closes off the rally highs. Trade pressures remain in the neutral zone. Volumes closed the month of April as bullish.  The 6233 price remains the adjusted high. The next target up is 6196. A close below 5754 would confirm any weekly move lower.

Weekly – The weekly bar is above the October median line, but retracing.  Trade pressures rising to the neutral zone. Volumes remain bullish.  The next target up is 6200. A close below 5662 would confirm any daily move lower.

Daily – Long.  In the move up from 5855 on 5/26. Trade pressures are down but rising, but declining. Volumes choppy but finished the week as bullish.

A close above 5855 signaled higher. The next target up is 5976. The expected overbought level rises to 6001.

A close below 5857 would signal lower. The expected oversold level rises to 5702.

[5-26-25: Stopped out in the Memorial Day trading at 5849. Now a long trade after the bull flag breakout on the 120 min chart at 5855.]

[5-27-25: Set the SL at the BE, 5855.][Raise the SL to 5902.]

[5-28-25: Rasie the SL to 5912.]

[5-29-25: %912 stop triggers sale.]

__________________

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%.

Monday is a US market holiday. At the next business day’s open, Agnice Eagle Mines (AEM) will be replaced by Exelixis Inc.

 

US$$

#usdollarfutures #ustreasurybondfutures

USD_ DXM25

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

Daily –Hort. the lang trade failed, but now at support. Trade pressures are down.  Volumes are bearish.

The next target down is 98.53. The expected oversold levels declines to 99.03.

A close above 99.64 would signal higher. The expected overbought level declines to 101.74.

 

US30YR T-BOND_ USM25

Weekly – In a new April 2025 uptrend but quickly dropped to support.  Trade pressures are down.  Volumes remain bearish.

Daily  – Flat. In the move up off the 110-01 low pivot. Trade pressures are down but rising.  Volumes remain bullish.

Need a close above the bull flag at 111-18 to re-enter. The next target up is 113-15. Overbought levels are 112-20.

A close below 111-01 would signal lower. Oversold levels are 110-12.

Oil & Gas

#crudeoilfutures #naturalgasfutures

CRUDE_ CLN25

Weekly – In the April 2025 downtrend. Trade pressures are up. Volumes remain neutral.

Daily –Long. In the move up from the 61.31 entry on 5/23.  Trade pressures remain down.  Volumes are neutral.

The next target up is 62.60.  The expected overbought levels rises to 63.88.

A close below 60.27 would signal lower. The expected oversold level rises to 60.04.

[Set the SL at 61.08.]

[5-27-25: Stopped out at the 61.08. A close above 62.03 would signal a long re-entry. Then, SL to be set at 61.29.]

 

NAT GAS_ NGN25

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

Daily – Flat.  In a move down to the 200 day MA. Trade pressures are up, but declining.  Volumes are bearish.

The next target down is 3.17. The expected oversold level declines to 3.03.

A close above 3.81 would signal higher. The expected overbought level declines to 3.72.