#S&P500 #emini #ESfutures
Market Pressures_
Copper attempted a new move up but failed. Gold is neutral and silver is in the move down.
Crude oil is looking lower. Natural gas is in a move down.
The US 30 year Treasury Bond futures are in a new short trade.
The US Dollar futures are bouncing off moving average support and looking higher.
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S&P 500 Futures_
Monthly – Sept is lower than August. Trade pressures are up and trending. Volumes closed the month of August as bullish. The next target up is 3102. A close below 2696 would confirm any weekly move lower.
Weekly – A pullback this week, but still in the up trend. Trade pressures are up. Volumes are bearish. The next target up is 2927. A close below 2838 would confirm any daily move lower.
Daily – Flat. Remains in the uptrend. Trade pressures are down into the neutral zone. Volumes are bearish. The next target up is 2988. A close below 2857 would signal lower.
The Navellier Top 5 portfolio was up about $11,000 in August on the virtual $125,000 invested. September is looking lower.