S&P 500 Futures

#emini #spfutures #SP500 #ES

Market Pressures_

Copper has dropped out of the up channel. Gold has met resistance. Silver is in a new long trade.

Crude oil is looking lower. Natural gas is trying to move up inside the persistent move down.

The us treasuries are near resistance. look foe lower.

The US Dollar futures are moving down toward the lower median line at 91.50.

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S&P 500 Futures_

Monthly – New highs again. Trade pressures are up. Volumes closed the month of March as bullish. The next target up is 4366. A close below 3653 would confirm any weekly move lower.

Weekly – In the move up from the October 3550 long entry. Moved up and thru the 4094 target. Trade pressures are up. Volumes are now neutral. The next target up is 4368. A close below 3835 would confirm any daily move lower.

Daily – In the move up from the March 3786 long entry. Trade pressures are up and trending. Volumes are bullish. The next target up is 4200. Any close below 4037 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 traded up and down this week and ended the week slightly higher at approximately $120,000, up 20% 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.]