#emini #spfutures #SP500 #ES

Market Pressures_

Copper is in the move up. Gold and silver are in a retracement move up but at resistance.

Crude oil is basing look for a new move up. Natural gas is in the hard move down.

US 30 year Treasuries are near a new short entry.

The us Dollar futures remain in the move up as the international funds flow in the the US markets.

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S&P 500 Futures_

Monthly – Highs again. Trade pressures are up. Volumes closed the month of January as bullish. The next target up is 3411. A close below 3167 would confirm any weekly move lower.

Weekly – In the move up from the 2943 long entry. Trade pressures are up but have reversed. Volumes are bullish. The next target up is 3484. A close below 3260 would confirm any daily move lower.

Daily – Flat. At the 3376 described by multiple targets. Trade pressures are up and trending. Volumes remain bullish. Expect consolidation here. The next target  up is 3478. A close below 3327 would signal lower. But there is also support at the 3313 level.

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Navellier Top 5 Stocks – This Top 5 model portfolio begins the year at $100,000. Only the Top 5 Growth stocks will be tracked this 2020 year.

The portfolio is up approximately to $112,000 or 12% YTD, half way into this  February month. This portfolio under performed the S&P 500 last year, but now seems to be slightly ahead.

 

[The author may have long or short positions in any of the securities mentioned.]