#emini #spfutures #SP500 #ES

Market Pressures_

Copper has turned up again with the equity markets. Gold and silver are both in rally  mode.

Crude oil has moved up into the 60’s. Natural gas is looking higher also.

The US 30 year Treasuries are testing upside resistance.

The US Dollar futures are lower.

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S&P 500 Futures_

Monthly – Another new high for the week. Trade pressures are up. Volumes closed the month of March as bullish. The next target up is 4386. A close below 3715 would confirm any weekly move lower.

Weekly – In the move up from the October long entry at 3550. Trade pressures are up. Volumes are bullish. The next target up is 4638. A close below 3897 would confirm any daily move lower.

Daily – In the march move up from the 3786 long entry. Trade pressures are up and trending. Volumes are bullish. The next target up is 4200. A close below 4099 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 this week on a surge of NVAX and ended the week 10% higher at approximately $130,000, up 30% 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.]