Market Pressures_
Gold and silver continue lower.
Copper lower but coming into multiple support levels.
Crude Oil is lower but volume is mixed.
Nat Gas has signaled higher.
30yr Treasuries are higher on prospective rate increases.
The US Dollar is much higher, which reflexively affects these markets.
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S&P 500 Futures_
Monthly – The October month closed in the green. Trade pressures are down but rising. Volume remains neutral. 2172 is the next upside target.
Weekly – testing the 2094 Long confirmation level. Trade pressures are up. Volume is bullish but declining rapidly. The next target up is 2237.
Daily – Within a whisker of reaching the 2117 all time highs. The rotation to the financials might be the necessary catalyst. The next target up is 2136. Trade pressures are up and volume remains bullish.
A close below 2074 would signal lower.
[Update 11-11-15: closed below 1074. First profit target is 2016, with the 200 day moving average offering support at 2047. Stops at 2087.]
[Update at the close 11-12-15; Closing near the 200 day support at 2047. Lower stops to 2062.]