#emini #spfutures #SP500 #ES

Market Pressures_

Copper is in a water fall down to the 3.96 target. Gold looks to test the March lows. Silver is sitting on the 200 Day MA: failure sends it lower.

Crude oil remains in the steady move up. Nat Gas is up from the April lows.

The US Treasury Bond is in a move up.

The US Dollar futures are at the 61% target, expect consolidation.

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S&P 500 Futures_

Monthly – Another new high. Trade pressures are up. Volumes closed the Month of May as bullish. The next target up is 4347. A close below 3822 would confirm any weekly move lower.

Weekly – Remains in the November move up from the 3525 entry level. Trade pressures are up. Volumes are bullish after a bearish last week. The next target up is 4599. A close below 4025 would confirm any daily move lower.

Daily – Never got any reversal of the trade pressures. Price took out the high of the down bar in just two days. Trade pressures are up and trending once again. Volumes are bullish. The next target up is 4594. A close below 4201 should trigger some retracement and consolidation.

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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 mixed into the weekend and started the next week at approximately $138,000, up 38% 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.

Restoration Hardware (RH) and NIO Inc. (NIO) were replaced by Johnson Controls (JCI) and Generac (GNRC) as of Monday’s open.

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