Market Pressures_
Gold and Silver flirting with the short signals. Copper in a move down.
Crude remains in the move down. Natural Gas has signaled a new short.
The Us 30 Year Treasury bond price hits new contract highs, be alert for a retracement.
The US Dollar futures are consolidating around the $96 area.
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S&P 500 Futures_
Monthly – 2178 is the monthly new long confirmation level. Trade pressures are up. The June month volumes closed as bullish.
Weekly – Closed above the old 2119 high of two weeks ago at 2120. Trade pressures are in the neutral zone. Volumes continue to be neutral and experienced a very low volume, holiday shortened, week.
Daily – Flat. In a move up from the 2062 long entry level. Trade pressures are up but showing some divergences. Volumes are mixed neutral to bullish.
The next target up is 2188.
Stops at the entry price of 2062.