#emini #spfutures #SP500 #ES

Market Pressures_

Copper in the short trade with a breakeven stop. Gold and Silver are choppy.

Crude oil continues the move up. The natural gas short is going against the trade.

The US Treasury long was closed but the move continues.

The US Dollar futures are basing and may stage a retracement up.

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S&P 500 Futures_

Monthly – Remains near the highs. Trade pressures are up. Volumes closed the month of May as bullish. The next target up is 4366. A close below 3770 would confirm any weekly move lower.

Weekly – In the move up from the November 3550 long entry. Trade pressures are up. Volumes are  bullish. The next target up is 4638. A close below 3935 would confirm any daily move lower.

Daily – In the long recovery move up from the March 2020 lows. In the second leg up from the November re-entry at 3515. Trade pressures are up. Volumes remain bullish. The next target up is 4546. A close below 4171 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 into the weekend and ended the week up at approximately $132,000, up 32% for the 2021 YTD.  The portfolio had a brief touch of the $150,000 value in early March 2021, then a low of $100,000 a few weeks later, now grinding higher once again.

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