Oil & Gas

#crudeoilfutures #naturalgasfutures

CRUDE_ CLK25

Weekly – Breaks down into the new April 2025 downtrend. Trade pressures are down. Volumes are neutral.

Daily –Flat. Price crashes to the September lows at 65.12, then moves up to July 2025 median line resistance. Trade pressures are down but rising.  Volumes are neutral.

A close above 63.59 would signal higher.  The expected overbought levels declines to 66.74.

A close below 58.45 would signal lower. The expected oversold level declines to 55.08.

 

NAT GAS_ NGK25

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

Daily – Short.  Breaks uptrend support and triggers the short entry at 3.75 on 4/4.  Trade pressures are down.  Volumes are bearish.

The next target down is 3.16. The expected oversold level declines to 3.30.

A close above 3.67 would signal higher. The expected overbought level declines to 3.90.

[4-14-25: Set the SL at 3.61.]

[4-16-25: Lower the SL to 3.34.]

Metals

#copperfutures #goldfutures #silverfutures

COPPER_ HGK25

Weekly – In the September 2024 uptrend; teested support and rallied. Trade pressures are down. Volumes are neutral.

Daily – Flat. Shorted from the 5.16 entry and reached the 4.03 low. Trade pressures rise into the neutral zone.  Volumes are neutral.

The next target down is 4.01. The expected oversold levels decline to 3.81.

A close above 4.63 would signal higher. The expected overbought levels decline to 4.71.

[4-16-25: Long from 4.63. Set the SL at 4.52]

 

GOLD_ GCM25

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

Daily – Long. Took short profits at the 3005 level. Market turns up and triggers the 3074 on 4/9. Trade pressures are up.  Volumes are bullish.

The next target up is the 3263 high. The expected overbought level rises to 3249.

At resistance. A close below 3205 (also SL) would signal lower. The expected oversold level rises to 3026.

[4-14-25: Sl is 3205. Set profit stop at 3247.]

[4-16-25: Raise SL to 3276.][ 4-16-25: [Profit stop at 3247 executed for a gain.]

 

SILVER_ SIK25

Weekly – In the December 2023 uptrend, tested support. Trade pressures are down.  Volumes are neutral.

Daily – Long. Off the 27.54 low pivot. Long triggered at 31.44 on 4/11. Trade pressures are up.  Volumes are neutral.

The next target up is 32.32. Overbought levels rise to 34.52.

The next target down is 26.23  The oversold levels stay at 29.57.

Set the SL at 30.94.

[4-14-25: Raise the SL to 31.42]

[4-16-25: Raise the SL to 32.10 32.53.][Stopped out in the 4/16 night session for a gain.]

 

S&P 500 Futures

#emini #spfutures #SP500 #ES

Market Summary:

Copper Short crashed to the confluence of the 200 day MA and the August 2024 lower median line.  Gold “take profits” was timely as a $100 drop ensues. Silver drops more than $4.

Crude drops $7.  Natural Gas, Long fails.

The US 30yr Treasury breaks out with recession fears. The 10yr yields now around 4.00%.

The US Dollar rallies with the tariffs and the commodities down.

_________________

S&P 500 Futures   #ESM25

Monthly –Monthly bar breaks below the lower median line from 10/23. Trade pressures drop into the neutral zone. Volumes closed the month of March as bearish.  The 6233 price remains the adjusted high. The next target down is 4917. A close above 5594 would confirm any weekly move higher.

Weekly – The weekly bar gaps lower.  Trade pressures remain down. Volumes remain bearish.  Blew thru the 5324 downside target. The next target down is 5056, then could target the October 2024 low. A close above 5486 would confirm any daily move higher.

Daily – Flat. The week began working higher thinking there would be some measured tariff response. Nope.  Dropped quickly from 5682 thru the Measured move at 5180. Trade pressures remain down.  Volumes remain bearish.

The next target down is 4773. The expected oversold level declines to 5313.

A close above 5729 would signal higher; then 5793.  The expected overbought level declines to 5670.

[ A short term rally could start with a close above 5138 setting 5347 as the upside target; then likely more downside]

A new equity market move up requires “fuel”; new money. That new money needs to see acceleration in earnings and margin expansion. Can that senario develop with oppresive tariffs/taxes? No.

___________________

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, losing almost all the gains for the year, now at $101,000.
The Year-to-Date portfolio performance is up 1%.

 

US$$

#usdollarfutures #ustreasurybondfutures

USD_ DXM25

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

Daily – Flat. Rally up off the low pivot of 100.97. Trade pressures are down but rising.  Volumes are neutral.

The next target down is 100.82. The expected oversold levels declines to 101.98.

A close above 102.70 would signal higher. The expected overbought level rises to 104.94.

Not sure what the dynamic is here: Gold front-runs the tariffs, USD declines. then USD rallies as the gold sells on the news and goes into the USD as a safe haven?

 

US30YR T-BOND_ USM25

Weekly – In a new April 2025 uptrend.  Trade pressures are up.  Volumes remain bullish.

Daily  – Flat. The new move up from 116-06 on 3-28, gains strength as recession fears lower yields.  Trade pressures are up.  Volumes are bearish.

The next target up is 123-08. Testing the december 2023 upper median line resisitance at 121-19. Overbought levels decline to 119-27.

A close below 119-10 would resume the move down. Oversold levels are 116-20.

 

Oil & Gas

#crudeoilfutures #naturalgasfutures

CRUDE_ CLK25

Weekly – Breaks down into the new April 2025 downtrend. Trade pressures rise into the neutral zone. Volumes remain bearish.

Daily –Flat. After the break down thru the 68.75 short entry, price crashes to the September lows. Trade pressures are down.  Volumes are bearish.

The next target down is 58.09. The expected oversold level declines to 63.96.

A close above 64.94 would signal higher.  The expected overbought levels declines to 70.30.

 

NAT GAS_ NGK25

Weekly – In the new January 2025 uptrend. Trade pressures are up still declining.  Volumes remain neutral.

Daily – Flat.  Breaks support and stopped out for a loss. Trade pressures are down.  Volumes are bearish.

The next target down is 3.22. The expected oversold level rises  to 3.74.

A close above 4.13 would signal higher. The expected overbought level rises to 4.25.

 

 

Metals

#copperfutures #goldfutures #silverfutures

COPPER_ HGK25

Weekly – In the September 2024 uptrend; breaks down hard. Trade pressures are down. Volumes are bearish.

Daily – Short. In retracement from the 5.37 high. Shorted from the 5.16 entry; and stopped out just before the tariff announcement. Trade pressures are down.  Volumes are bearish.

The next target down is 4.01. The expected oversold levels decline to 4.66.

A close back above 4.68 would signal higher. The expected overbought levels decline to 5.25.

 

GOLD_ GCM25

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

Daily – Short from 3108. The thursday and Friday sell oof takes price below the 3040 downside target. Trade pressures are down.  Volumes are bearish.

The next target down is 2941. The expected oversold level rises to 3007.

A close above 3074 would signal higher. The expected overbought level rises to 3165.

[Set SL to 3074.][Set Profit stop at 3005]

[4-7-25: Profit stop hit. Flat.]

 

SILVER_ SIK25

Weekly – In the December 2023 uptrend. Trade pressures are down.  Volumes are bearish.

Daily – Flat. The thursday break down at 33.90 triggered a new short, which traded immediately to the 29.14 target.  Trade pressures are down.  Volumes are bearish.

The next target down is 26.23  The oversold levels decline  to 29.57.

A close above 31.44 would signal higher. Overbought levels decline to 34.47.

 

S&P 500 Futures

#emini #spfutures #SP500 #ES

Market Summary:

Copper Short after new contract highs.  Gold to ATH’s once again; take profits. Silver short, support at 32.43.

Crude consolidating at the 200 day MA.  Natural Gas, Long with a breakout of the small bull flag.

The US 30yr Treasury up to resistance, watch for breakout. The 10yr yields consolidating around 4.25%.

The US Dollar in a month long base now attempting a rally.

_________________

S&P 500 Futures   #ESM25

Monthly –Monthly bar closes continues to test the lower median line from 10/23. Trade pressures remain up, but declining. Volumes closed the month of February as bullish, March will close with bearish volume.  The 6233 price remains the adjusted high. The next target down is 5324. A close above 6065 would confirm any weekly move higher.

Weekly – The weekly bar lower than prior close.  Trade pressures remain down. Volumes are now bearish.  The next target down is 5324. A close above 5728 would confirm any daily move higher.

Daily – Flat. Closed with a sharp move down.  At the 5623 downside target which is a backtest of the 3/24 breakout level. Trade pressures are down.  Volumes are bearish.

The next target down is 5566. The expected oversold level rises to 5566.

A close above 5729 would signal higher; then 5793.  The expected overbought level rises to 5795.

(Still looking for a bear market rally, usually volatile and short lived. Watch the 5623 level for signs of support.)

___________________

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 remains at $110,000.
The Year-to-Date portfolio performance is  up 10%.

Howmet Aerospace (HWM) returns to replace Targa Resources (TRGP).

[The author may be long or short any of these issues mentioned],

US$$

#usdollarfutures #ustreasurybondfutures

USD_ DXM25

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

Daily – Flat. Small rally up off the downside pivot of 102.83. Trade pressures are down.  Volumes remain bullish.

The next target down is 103.23. The expected oversold levels declines to 103.01.

A close above 104.19 would signal higher. The expected overbought level rises to 104.94.

 

US30YR T-BOND_ USM25

Weekly – In a new October 2024 downtrend.  Trade pressures are up but turning down.  Volumes remain bullish.

Daily  – Flat. In a new move up from 116-06 on 3-28.  Trade pressures are up.  Volumes are bullish.

The next target up is 119-08. Overbought levels remain 120-18.

A close below 114-30 would resume the move down. Oversold levels are 108-07.

[No trade with the weekly pressures down.]

Oil & Gas

#crudeoilfutures #naturalgasfutures

CRUDE_ CLK25

Weekly – In the January 2025 uptrend, but still testing support. Trade pressures are rising into the neutral zone. Volumes remain bearish.

Daily –Flat. At the 200 day MA, 70.10.  Trade pressures are up, but declining.  Volumes remain bullish.

The 68.67 remains the entry level; looking for a pullback to that entry level. The next target up is 72.34.  The expected overbought levels rises to 70.73.

A break below the trend at 68.75 could precipitate a new leg down. The expected oversold level rises to 66.24.

 

NAT GAS_ NGK25

Weekly – In the new January 2025 uptrend. Trade pressures are up still declining.  Volumes remain neutral.

Daily – Long.  Tested support and closed up for the end of the week, above the 4.02 long entry today. Trade pressures are up.  Volumes are bullish.

The next target up is 4.31. The expected overbought level declines to 4.20.

The next target down is 3.22. The expected oversold level declines  to 3.69.

[Set the stop loss close as the OB/OS levels are declining. Use the 3.89 support level.]

[4-2-25: Raise the SL to 3.94.]

[4-4-25: Stopped out with the Trump tariff crash.]

 

Metals

#copperfutures #goldfutures #silverfutures

COPPER_ HGK25

Weekly – In the September 2024 uptrend; breaks above resisitance. Trade pressures remain up. Volumes are bearish.

Daily – Short. In retracement from the 5.37 high. Short from the 5.16 entry today. Trade pressures are down into the neutral zone.  Volumes are neutral.

The next target down is 4.95. The expected oversold levels rise to 4.92.

A close back above 5.18 would signal higher. The expected overbought levels rise to 5.30.

[3-28-25: Set the SL at 5.17]

[3-31-25: Lower SL to 5.07]

[4-2-25: Stopped out at 5.07.]

 

GOLD_ GCM25

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

Daily – Flat. Taking profit at the April contract rollover to June. June closes at 3114. Trade pressures are up.  Volumes remain bullish.

The next target up is 3192. The expected overbought level declines to 3088.

A close below 3108 would signal lower. The expected oversold level rises to 2990.

 

SILVER_ SIK25

Weekly – In the December 2023 uptrend. Trade pressures are down, but rising.  Volumes remain bullish.

Daily – Short. Rallied with Gold to 35.29, now selling off. Short from 35.03 today.  Trade pressures are up.  Volumes are bearish.

The next target down is 34.26  The oversold levels rise to 32.96.

A close above 35.04 would signal higher. Overbought levels rise to 35.66.

[3-31-25: Stopped out at the 35.04 level.]