Market Summary:
Copper has triggered a long entry. Gold again at all time highs. Silver stopped out of long trade.
Crude is a long. Natural Gas shaort is near the profit stop.
The US 30yr Treasury is a long. The 10yr yields rise above 4.50% and then return quickly to the 4.30’s.
The US Dollar still showing lower.
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S&P 500 Futures #ESM25
Monthly –Monthly bar crashes below 4900 and then rallies back above 5000. Trade pressures are in the neutral zone. Volumes closed the month of March as bearish. The 6233 price remains the adjusted high. The 4917 target was touched. A close above 5352 would confirm any weekly move higher.
Weekly – The weekly bar consolidating after reversal off the 4900 lows. Trade pressures remain down. Volumes are now neutral. Reached the 4832, the October 2024 low. The close above 5244 confirms the daily move higher.
Daily – Long. In the move up off the 5067 entry level. The long trade was sold as resisitance was met at 5518. Trade pressures are in the neutral zone. Volumes are bullish.
In a pullback forming a bull flag. Need a close above the downtrend resisitance at 5389 to restart the move up. The expected overbought level declines to 5497.
A close below 5277 would signal lower. The expected oversold level rises to 4907.
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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 2025 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 is up for the week, now at $114,000.
The Year-to-Date portfolio performance is up 14%.