#emini #ES #spfutures

Market Pressures_

Copper is trying to moe up into a new long trade. Gold is trying to move up also. Silver is consolidating at the 14.43 downside target.

Crude oil is in the move up from last week. Natural Gas tried a move up but is meeting resistance.

The US 30 year Treasury Bond rallied into the last vacation week of August but has pulled back to the lower channel support line.

The US Dollar futures are in a pull back after a rally off the 94.29 level.

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S&P 500 Futures_

Monthly – New Highs. Trade pressures are up and trending. Volumes closed the month of August as bullish. The next target up is 3103. A close below 2695 would confirm any weekly move lower.

Weekly – A 21 week run higher! Trade pressures are up. Volumes are bullish. The next target up is 2927. A close below 2838 would confirm any daily mover lower.

Daily – Flat. Stopped out of this move up on the pullback on the 8/15 leaving more than 100 pts. Trade pressures are up and rolling over. Volumes are bearish to neutral.

The next target up is 2968.

A close below 2857 would signal lower.

The Navellier TOP 5 got a boost from the ABMD and LULU earnings. WEX was dropped and GRUB was added.