#emini #spfutures #SP500 #ES

Market Pressures_

Copper is consolidating. Gold and Silver have both weekly and daily down pressures.

Crude oil is retracing off the recent highs but still in uptrend. Natural gas is moving to a retest of the lows.

The US 30 year Treasuries are in the m ove down to the lower target.

The US Dollar futures are basing and could have a small move up.

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S&P 500 Futures_

Monthly – Another new high. Trade pressures are up. Volumes closed the month of December as bullish, but on lower volumes. The next target up is 3918. A close below 3380 would confirm any weekly move lower.

Weekly – In the long move up from the April entry. Trade pressures are up. Volumes are bullish. The next target up is 3871. A close below 3567 would confirm any daily move lower.

Daily – In the move up from  the October long entry. Trade pressures are up, Volumes are bullish. the next target up is 3901. A close below 3777 would signal lower.

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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 2021 year. This portfolio has been marked to the market and restarted at $100,000 for the 2021 year.

The portfolio stocks were up slightly for the week and are now valued at approximately $113,000, up 13% for the 2021 YTD (in the first 22 days.)

 

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