Market Summary:

The 10yr yields rise. Copper makes a move up off the oversold levels, now near overbought.  Gold moves up late in the week after reaching oversold.  Silver moving up again; support rises to the low 29’s.

Crude turning down.  Natural gas continues the move down.

The US 30yr Treasury Bond turned up mid week. The 10yr yield turns down.

The US Dollar futures lower high signaled lower and quickly at the downside target.

_________________

S&P 500 Futures   #ESU24

Monthly –Price showing signs of consolidation above 5500, however, still pushing higher. Trade pressures remain up. Volumes closed the month of June as bullish.  The next target up is 5958.  A close below 5315 would confirm any weekly move lower.

Weekly – The weekly now has a higher high for the weekly close.  Trade pressures remain up.  Volumes remain bullish.  Closed on the highs of the week at 5621.  A close below 5488 would confirm any daily move lower.

Daily – Flat.  At 5615, and the upper parallel, so some resistance is likely. Trade pressures are up.  Volumes are bullish.  The next target up is 5704. The expected overbought level has risen to 5559; again below the actual highs.  A close below the 5584 target would signal lower.  The expected oversold level rises to 5430,

[Support is at 5584.]

___________________

Navellier Top 5 Stocks – This Top 5 model portfolio begins each year at $100,000. The Top 5 Growth stocks are tracked throughout each year. This portfolio is marked to the market and is restarted at $100,000 for the 2024 year.

The Navellier portfolio stocks closed down 35% for the 2022 Year.  The Navellier portfolio stocks closed up 17% for the 2023 Year.

Portfolio stock values for 2024.  The portfolio moved up to $131,000. The Year-to-Date portfolio performance is now up 31%.

[The author may be long or short any of these issues mentioned]