Market Pressures_  #tradesummary

COPPER is in a new move up. Watch the emerging markets.

GOLD and SILVER are both in a move down as the US Dollar rises.

The US Treasury Bonds are down is price as the FED mulls raising rates once again. But they do appear to be near some support.

The US Dollar futures are up into a new long move. Money flows coming this way?

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S&P 500 Futures_  #eminifutures  #spfutures

Monthly – So far a down month. Trade pressures are up. Volumes closed bullish this last mont. Last month volumes were 33 million, this month thru the 17th only 19 million contracts.

Weekly – The week closed just above the 2122 short confirmation level, but still in the uptrend. Trade pressures are up but declining toward the neutral zone. Volumes have returned to bullish from last weeks bearish.

Daily – Flat. The 2150 short entry was taken and the market ran down to the first profit targets at 2099 and then turned all the way back up to stop out the trade at a break-even. Trade pressures are down. Volumes are back to bearish from neutral.

A close above 2149 would signal anew long entry. But there is also the old short entry at 2150. So, some confusion which will have to be resolved by the indicators and volumes on a shorter time frame.

Or if it too unclear then “Flat” is our friend.