Market Pressures_
Copper feels as though it is looking for a bottom – remember it is China related.
Gold and silver continue lower.
Oil and Gas consolidating after the move down to 40-41. Looking for a long entry.
The US 30yr Treasuries are moving up in price.
The US dollar futures are still in the move up.
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S&P 500 Futures_ ESZ15
Monthly – The November Month appears to be closing very near its open. Trade pressures have returned to neutral. Volume – the October close was neutral. The next target up is 2201.
Weekly – Testing the next Weekly long entry confirmation level at 2094, again. Trade pressures are up. Volume has changed for neutral to bullish this last week. the 2117 old high should act as resistance.
Daily – Long from the 2057 long entry. The next target up is 2152. Trade pressures are up. Volume is very light but still bullish.
Raise the stop to 2071.
[12-3-2015 update: stopped out at the 2071 stop price.]