Market Summary:
Copper rallies to resisitance. Gold rallies, but to lower highs. Silver rallies from its selloff, also to lower highs.
Crude fails at the September trendline support. Natural Gas breaks out of retracement to new highs.
The US 30yr Treasury Bond at the 119 upside target. The 10yr yields consolidating.
The US Dollar is now a short, whipping about with every pronouncement.
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S&P 500 Futures #ESH25
Monthly –Monthly bar closes well below the prior week’s range. Trade pressures remain up but declining. Volumes closed the month of February as bullish. The 6181 price remains the high. The close below 5870 did confirm a weekly move lower. The next target down is be 5523.
Weekly – The weekly has another lower close. Trade pressures remain down. Volumes increase again but bearish now. The close below 5911 confirms the daily move lower. The next target down is 5619.
Daily – Flat. Down from the 3/3 trendline backtest at 5972. Trade pressures remain down. Volumes are now bullish.
The next target down is 5631. The expected oversold level declines to 5695.
A close above 5839 would signal higher. The expected overbought level declines to 6024.
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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 12% to $105,000.
The Year-to-Date portfolio performance is up 5%.
[The author may be long or short any of these issues mentioned],