Market Pressures_

Copper is pressing up against a breakout to the upside. Gold is is a new long trade but needs confirmation. Silver is consolidating at a downside profit target.

Crude oil triggered a second leg up. Natural Gas is signaling lower.

The US 30 Year Treasury Bond futures are approaching the July highs.

The US Dollar futures are signaling lower.

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S&P 500 Futures_  #emini #spfutures

Monthly – Near the old highs. Trade pressures are up and trending. Volumes closed the month of July as bullish. The next target up is 3102. A close below 2883 would confirm any weekly move lower.

Weekly – Remains in the uptrend. Trade pressures are up. Volumes are bullish. The next target up is 2927. A close below 2749 would confirm any daily move lower.

Daily – Flat. In the move up from the 2740 long entry. Trade pressures are up. Volumes are bullish. The next target up is 2894. A close below 2824 would signal lower.

The time cycle expired on the 23rd and the next day the market has a rally.

The Navellier Top 5 have held up well and rallied into the weekend.