Market Summary:

Copper attempted higher, now retesting the 4.00 support.  Gold in retracement down, needs to hold support here. Silver triggers new long and fails.

Crude’s move down reverses.  Natural Gas held 3.00 support, rallies to the 200 day MA and retraces.

The US 30yr Treasury Bond falls back.

The US Dollar now a long. The 10yr yields rise to 4.37%, near the 4.35% overbought expectations.

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S&P 500 Futures   #ESH25

Monthly –Monthly bar closes higher. Trade pressures remain up. Volumes closed the month of November as bullish.  The 6019 target was touched and did provide resistance, briefly. The next target up is 6602.  A break below 5844 would confirm any weekly move lower. The next target down then would be 5844.

Weekly – The weekly has a lower close.  Trade pressures remain up and rising. Volumes remain bullish.  The 6127 target has been met.  A close below 6040 would confirm any daily move lower.

Daily – Flat. Meeting resistance at the upper trendline, creating a lower high. Trade pressures are up but declining sharply to the neutral zone.  Volumes are bearish.
The next target down is 6030 and would be a short entry.
A close above 6139 would signal higher and then the next target up would be 6266.
The expected oversold level rises to 6006.
The expected overbought level declines to 6112.
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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.

These Navellier Top 5 portfolio stocks closed:
down 35% for the 2022 Year.
up 17% for the 2023 Year.

Portfolio stock values for 2024. 
The portfolio value declines to $148,000.
The Year-to-Date portfolio performance is  up 48%.