Market Summary:

Copper long re-entry at 4.07.  Gold rally fails. Silver in a sideways channel.

Crude breaks out but near OB.  Natural Gas down hard after the spike up.

The US 30yr Treasury Bond at target lows. The 10yr yields rise to 4.60%, near the 4.65% overbought expectations.

The US Dollar breaks higher still, needs to back test the breakout.

_________________

S&P 500 Futures   #ESH25

Monthly –Monthly bar closes higher. Trade pressures remain up. Volumes closed the month of December as bullish.  The 6181 price remains the high. The next target up is 6633.  A break below 5870, which has been touched, 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 and was almost met.

Daily – Flat. Down for the week but a rally on Friday helps the bulls. Trade pressures are now down.  Volumes are bearish.
The next target down remains 5809.
A close above the trendline at 5995, with a trade pressure shift, signals higher. Then the next target up would be 6134.

The expected oversold level declines to 5815.
The expected overbought level declines to 6074.

[1-6-25: opened up in the Monday premarket, long at 5996. SL 5987.]

[1-6-25 pm: raise SL to BE 5996.]

1-7-25: Stopped out for no gain.]

___________________

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 2025. 
The portfolio value rises at $103,000.
The Year-to-Date portfolio performance is  up 3%.

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