#emini #spfutures #SP500 #ES

Market Pressures_

Copper is pulling back in a equity market that is rising. Gold is in a new long . Silver is still drifting.

Crude Oil has bounced off the lower median line, but is still in the downtrend. Natural gas is testing resistance.

The US 30 year Treasury is rising with inflation concerns.

The US Dollar futures are up as the dollar inflows continue but pulling back a bit.

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S&P 500 Futures_

Month – New highs. Trade pressures are up. Volumes closed the month of March as bullish. The next target up is 4366. A close below 3569 would confirm any weekly move lower.

Weekly – In the November 2020 move up from 3550. Trade pressures are up and trending but at lower indicator highs. Volumes are bullish. The next target up is 4094. A close below 3772 would confirm any daily move lower.

Daily – In the new up trend and above the 4013 upside target. Trade pressures are up and extended. Volumes are bullish.  The next target up is 4069.50. A close below 3954 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 rebounded this week and ended the week at approximately $119,000, up 19% for the 2021 YTD.  The portfolio had a brief touch of the $150,000 value in early March and a low of $100,000 a few weeks later and now up again and, somehow, still outperforming the S&P averages.

 

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