Market Summary:
Copper retracement at the 4.55 target. Goldin a consolidation channel. Silver consolidating after a move down..
Crude testing lower consoldation channel. Natural Gas in retracement.
The US 30yr Treasury Bond in a second move up off the 110 lows. The 10yr yields decline, now below 4.50%.
The US Dollar remains a short.
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S&P 500 Futures #ESH25
Monthly –Monthly bar closes inside the prior week’s range. Trade pressures remain up. Volumes closed the month of January as bullish. The 6181 price remains the high. The next target up is 6633. A close below 5870, would confirm a weekly move lower. The next target down would be 5523.
Weekly – The weekly has a lower close. Trade pressures remain down, but rising. Volumes remain bullish. A close below 5894 would confirm any daily move lower.
Daily – Short In the move down from 6090. Trade pressures are down. Volumes are now bearish.
The next target down is 5976. The expected oversold level rises to 6050.
The next target up is 6181, the prior high. The expected overbought level rises to 6172.
[2-21-25: Short from the 6090 entry. Set the SL at 6117.] [lower SL to 6047.]
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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 2025.
The portfolio value down to $110,000.
The Year-to-Date portfolio performance is up 10%.
[The author may be long or short any of these issues mentioned],