Market Summary:

Copper attempts higher, after retesting the 4.08 support.  Gold testing the broken support support. Silver moves up to test the 200 day MA, fails.

Crude needs to break out of the upper bound of the October channel.  Natural Gas still in the move up.

The US 30yr Treasury Bond at target lows. The 10yr yields rise to 4.62%, near the 4.70% overbought expectations.

The US Dollar still neutral.

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S&P 500 Futures   #ESH25

Monthly –Monthly bar closes lower. Trade pressures remain up. Volumes closed the month of November as bullish.  The 6181 price was the high. The next target up is 6633.  A break below 5870 would confirm any weekly move lower. The next target down then would be 5523.

Weekly – The weekly has a small retracement.  Trade pressures remain up but declining. Volumes remain bearish.  The 6181 upside target was met.  The close below 6040 has confirmed the daily move lower. The next target down is 5834.

Daily – Short. After the drop through the short entry at 6030 price rises to back test the breakdown at 6085. Trade pressures are entering the neutral zone.  Volumes are neutral.
The next target down remains 5809.
A close above 6085 still signals higher and then the next target up would be 6330.

The expected oversold level rises to 5846.
The expected overbought level declines to 6145.

[re-enter the short on a move higher to the 6085 level.]
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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.
Up 42% for the 2024 Year.

Portfolio stock values for 2024. 
The portfolio value holds at $142,000.
The Year-to-Date portfolio performance is  up 42%.

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