Market Pressures_

Copper is in a new move up. Gold is wandering sideways. Silver is at the first profit target in a move up.

Crude Oil has met upside targets and is in a small retracement. Nat Gas has no direction.

The US 30yr Treasury bond is trying to move up in price.

The US Dollar futures are down at a target and are also near a possible change in direction.

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S&P 500 Futures

Monthly – The old monthly high is 2109. Trade pressures are up. Volumes closed neutral for March.

Weekly – Closed at 2074 just shy of the weekly long confirmation level, 2077. Trade pressures are up and fully extended. Volumes are bullish.

Daily – Flat. The close above the 2072 level has triggered a new long entry. Trade pressures are up. Volumes are bullish.

The next target up is 2081 and the stop is 2012, so not much room to trade and the risk outweighs the return.

Wait.