#emini #spfutures #SP500 #ES

Market Pressures_

Copper is in consolidation. Gold tried to move up on FED day but gave it all back. Silver is in consolidation.

Crude oil is down with more to come. Natural gas looks lower also.

The US 30 Year Treasuries are selling hard but look to consolidate and retrace here.

The US Dollar futures are consolidating after the new long entry.

_____________________

S&P 500 Futures_

Monthly – Backed off the highs. Trade pressures are up. Volumes closed the month of February as bullish. The next target up is 4366. A close below 3491 would confirm any weekly close lower.

Weekly – In the move up from the 3550 long entry signal. Trade pressures are up but showing divergences. Volumes are bullish. The next target up is 4094. A close below 3686 would confirm any daily move lower.

Daily – Short.  In the move down from the March 18th short entry at 3918. Trade pressures are down. Volumes are bearish. The next target down is 3830 then 3739, A close above 3965 would signal higher. First quarter earnings catalyst not until mid april.

_____________________

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 consolidated this week and ended the week at approximately $118,000, up 18% for the 2021 YTD.  The portfolio had a brief touch of the $150,000 value in early March.

 

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