S&P 500 Futures
Market Summary:
Copper retracement at the 4.55 target. Goldin a consolidation channel. Silver consolidating after a move down..
Crude testing lower consoldation channel. Natural Gas in retracement.
The US 30yr Treasury Bond in a second move up off the 110 lows. The 10yr yields decline, now below 4.50%.
The US Dollar remains a short.
_________________
S&P 500 Futures #ESH25
Monthly –Monthly bar closes inside the prior week’s range. Trade pressures remain up. Volumes closed the month of January as bullish. The 6181 price remains the high. The next target up is 6633. A close below 5870, would confirm a weekly move lower. The next target down would be 5523.
Weekly – The weekly has a lower close. Trade pressures remain down, but rising. Volumes remain bullish. A close below 5894 would confirm any daily move lower.
Daily – Short In the move down from 6090. Trade pressures are down. Volumes are now bearish.
The next target down is 5976. The expected oversold level rises to 6050.
The next target up is 6181, the prior high. The expected overbought level rises to 6172.
[2-21-25: Short from the 6090 entry. Set the SL at 6117.] [lower SL to 6047.]
___________________
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 2024 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 down to $110,000.
The Year-to-Date portfolio performance is up 10%.
[The author may be long or short any of these issues mentioned],
US$$
#usdollarfutures #ustreasurybondfutures
USD_ DXH25
Weekly – In the October 2024 uptrend. Trade pressures are down. Volumes remain bearish.
Daily – Short. In the new move down from the lower high on 2/3 and a close below 107.66. Trade pressures are down. Volumes remain bearish.
The next target down is 104.43 . The expected oversold levels declines to 105.86.
A close above 106.97 would signal higher. The expected overbought level declines to 108.01.
US30YR T-BOND_ USH25
Weekly – In a new October 2024 downtrend. Trade pressures are now up. Volumes are bullish.
Daily – Long. In the new move up from 114-25 on 2-14. Trade pressures are up. Volumes have turned bullish.
The next target up is 117-29. Overbought levels remain 120-28.
A close below 115-11 would resume the move down. Oversold levels are 113-25.
[2-21-25: raise the SL to 114-27.]
[2-25-25: Raise the stop to 116-11.]
[The 10yr yield overbought level rises to 4.62%, the oversold level is now 4.44%.
Higher inflation expectations continue thru 1Q25 and 2Q25.]
Oil & Gas
#crudeoilfutures #naturalgasfutures
CRUDE_ CLJ25
Weekly – In the January 2025 uptrend. Trade pressures are down. Volumes remain bearish.
Daily –Short. In the move down from 76.59 on 1/21. The first short was stopped out on a rally attempt. The consolidation channel lower bound is being tested. Trade pressures remain down. Volumes are bearish.
The next target down remains 68.18. Take profits at 68.43. The expected oversold level declines to 69.75.
Need a close above 70.18. level to signal higher. The expected overbought levels declines to 72.48.
NAT GAS_ NGJ25
Weekly – In the new January 2025 uptrend. Trade pressures are up. Volumes remain bullish.
Daily – Flat. In the move down from the 4.14 level on 2/20. Trade pressures remain up but declining. Volumes remain neutral.
The next target down is 3.75. The expected oversold level declines to 3.42.
A close above 4.06 would signal higher. The expected overbought level rises to 4.52.
[the OB/OS levels are widening, Chop?]
Metals
#copperfutures #goldfutures #silverfutures
COPPER_ HGH25
Weekly – In the September 2024 uptrend; rally took it to resisitance. Trade pressures are up. Volumes are neutral.
Daily – Flat. The retracement down, has met the 4.55 downside target. Trade pressures are down. Volumes remain bearish.
The next target down is 4.41. The expected oversold levels rise to 4.44, take profits there.
A close above 4.64 would signal higher. The expected overbought levels decline to 4.81.
GOLD_ GCJ25
Weekly – In the December 2023 uptrend, breaks out of resistance. Trade pressures are up. Volumes are now bullish.
Daily – Flat. A close below the 2917 triggers a short. Consolidating between the 2974 and 2888. Trade pressures are up but declining. Volumes are now bullish.
A close below the trend at 2937 signals lower. The expected oversold level declines to 2901.
A close above 2964 would signal higher. The expected overbought level rises to 2983.
[2-26-25: AM open – Short @ 2917. SL at 2941]
SILVER_ SIH25
Weekly – In the December 2023 uptrend. Trade pressures are up but declining. Volumes are bullish.
Daily – Flat. In the new move down from the failure to break the 33.24 resistance on 2/14. Trade pressures are up. Volumes are neutral.
The next target down remains 31.06. The oversold levels are 31.18.
A close above 32.68 would signal higher. Overbought levels are 33.98.
[Short term trend is 33.11. This break below signals lower.]
S&P 500 Futures
Market Summary:
Copper rallies to Median line resistance then begins retracement. Gold’s rally retraces. Silver still can’t move beyond the upper median line.
Crude attempts to break out of down-trend but fails. Natural Gas runs to the uptrend median line parallel.
The US 30yr Treasury Bond in a second move up off the 110 lows. The 10yr yields decline, now below 4.50%.
The US Dollar is a short again.
_________________
S&P 500 Futures #ESH25
Monthly –Monthly bar closes higher than the prior week’s high. Trade pressures remain up. Volumes closed the month of January as bullish. The 6181 price remains the high. The next target up is 6633. A close below 5870, would confirm a weekly move lower. The next target down would be 5523.
Weekly – The weekly has a higher close. Trade pressures remain down, but rising. Volumes remain bullish. A close below 5859 would confirm any daily move lower.
Daily – Flat In the move up off the Monday down opening and recovery. Trade pressures are up and out of the neutral zone. Volumes are now bullish.
The next target up is 6181, the prior high. The expected overbought level rises to 6172.
A close below 6090 would signal lower.The expected oversold level rises to 6050.
[2-21-25: Short from the 6090 entry. Set the SL at 6117.] [lower SL to 6068.]
___________________
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 2024 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 rises to $117,000.
The Year-to-Date portfolio performance is up 17%.
[The author may be long or short any of these issues mentioned],
US$$
#usdollarfutures #ustreasurybondfutures
USD_ DXH25
Weekly – In the October 2024 uptrend. Trade pressures are down. Volumes are now bearish.
Daily – Short. In the new move down from the lower high on 2/3 and a close below 107.66. Trade pressures are down. Volumes are now bearish.
The next target down is 104.56 . The expected oversold levels declines to 106.70.
A close above 107.18 would signal higher. The expected overbought level declines to 108.48.
US30YR T-BOND_ USH25
Weekly – In a new October 2024 downtrend. Trade pressures are down but rising. Volumes are bearish.
Daily – Long. In the new move up from 114-25 on 2-14. Trade pressures are up. Volumes have turned neutral.
The next target up is 117-29. Overbought levels remain 120-28.
A close below 113-28 would resume the move down. Oversold levels are 113-25.
[2-21-25: raise the SL to 114-27.]
[The 10yr yield overbought level rises to 4.62%, the oversold level is now 4.44%.
Higher inflation expectations continue thru 1Q25 and 2Q25.]
Oil & Gas
#crudeoilfutures #naturalgasfutures
CRUDE_ CLJ25
Weekly – In the January 2025 uptrend. Trade pressures are down. Volumes are bearish.
Daily –Short. In the move down from 76.59 on 1/21. Trade pressures moved up in a rally attempt then failed. Volumes are bearish.
The next target down is 68.18. The expected oversold level declines to to 69.85.
Need a close above 77.22 level to signal higher. The expected overbought levels declines to 74.70.
[Set a SL at the parallel line breakout, @71.77.]
[2-18-25: Stopped out a the 71.77 level.]
NAT GAS_ NGH25
Weekly – In the new January 2025 uptrend. Trade pressures still in neutral zone. Volumes remain bullish.
Daily – Flat. In the move up from 3.22 on 2/3 and above the oversold level. Trade pressures remain up. Volumes are bullish.
The next target up is the upper median line H at 3.84. The expected overbought level declines to 3.76.
A close below 3.61 would signal lower. The expected oversold level declines to 2.90.
[the OB/OS levels are turning down]
Metals
#copperfutures #goldfutures #silverfutures
COPPER_ HGH25
Weekly – In the September 2024 uptrend; rally took it to resisitance. Trade pressures are up. Volumes remain bearish.
Daily – Flat. In the move up from the 4.32 bull flag breakout on 2/4. The 4.81 target was met and triggered a retracement. Trade pressures are up. Volumes remain bearish.
The next target up is 4.92. The expected overbought levels rise to 4.88.
The next target down is 4.55. The expected oversold levels rise to 4.41.
GOLD_ GCJ25
Weekly – In the December 2023 uptrend, breaks out of resistance. Trade pressures are up. Volumes are now bearish..
Daily – Short. In the new move down, a retracement down from the trendline break at 2903 on 2/14. Trade pressures are up but declining. Volumes are now bearish.
The next target down is 2838. The expected oversold level rises to 2853.
A close above 2940 would signal higher. The expected overbought level rises to 2973.
[Set a SL at 2838.] [shoud be 2938]
[2-18-25: Stopped out at 2938.]
SILVER_ SIH25
Weekly – In the December 2023 uptrend. Trade pressures are up. Volumes remain bullish.
Daily – Flat. In the new move down from the failure to break the 33.14 resistance on 2/14. Trade pressures are up out of the neutral zone. Volumes remain bearish.
The next target down is 31.70. The oversold levels are 31.35.
A close above 33.12 would signal higher. Overbought levels are 33.98.
[Short term trend is 32.57. Need a break below to continue lower.]
S&P 500 Futures
Market Summary:
Copper support held then big rally. Gold continues rally. Silver breaks above the bull flag, but can’t move beyond the upper median line.
Crude support fails. Natural Gas finds resisitance at the uptrend median line parallel.
The US 30yr Treasury Bond in a move up off the 110 lows. The 10yr yields now around 4.50%.
The US Dollar is a long again.
_________________
S&P 500 Futures #ESH25
Monthly –Monthly bar contained within the Median line parallels from October 2022. Trade pressures remain up. Volumes closed the month of January as bullish. The 6181 price remains the high. The next target up is 6633. A close below 5870, would confirm a weekly move lower. The next target down would be 5523.
Weekly – The weekly has another lower close. Trade pressures remain down. Volumes remain bullish. This weeks close has formed another lower high. A close below 5867 would confirm any daily move lower.
Daily – Flat. The previous short found support at the low 5900’s, then attempted a new move up which met the same resisitance at the downward trendline from the December 6181 high at 6067 on 1/31.
Trade pressures are down again to the neutral zone. Volumes are now bullish.
Use this rally to short a move below 6030. The next target down is 5992.
A close above 6075 is also required to start a new move up.
The expected oversold level declines to 5977.
The expected overbought level declines to 6101.
[2-11-25: Fed Day Wednesday. Short at 6075 with the OB level at 6099. SL at 6123.]
[2-12-25: premarket drops on higher than expected inflation core numbers. Lower SL to BE at 6075.]
[Rallied to 6075 in the late morning session. Flat.]
___________________
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 2024 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 rises to $116,000.
The Year-to-Date portfolio performance is up 16%.
[The author may be long or short any of these issues mentioned],