Market Pressures_

Copper continues the move down. Gold and Silver are now in a new short trade.

Crude Oil is still in the move up. Natural gas is trying to establish a base in this long downtrend.

The US 30 year Treasury Bond is in a new short trade.

The US Dollar Futures are also trying to establish a base in the downtrend.

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S&P 500 Futures_

Monthly – The move up continues. Trade pressures are up. Volumes closed the month of August as bullish. The next target up is 2766. A close below 2285 would confirm any Weekly move lower.

Weekly – Price has broken above the 2484 target level. Trade pressures are up. Volumes remain bullish. The next target up is 2729. A close below 2433 would confirm any Daily move lower.

Daily – Flat. In the new uptrend started 9-12-17. Trade pressures are up. Volumes are bullish with a slow decline in daily volumes.

The next target up is 2522.

A close below 2487 would signal lower.

The moving averages are flat showing no momentum, yet we grind higher each day.