Market Pressures _  #tradesummary

COPPER is in a move up. GOLD and SILVER are signaling higher.

CRUDE is mixed and reactive to geopolitical news. NAT GAS has had a nice move up.

The US Treasury Bond futures had a price move down, but now look higher.

The US Dollar futures are in a move up but have difficulty breaking out of the 94-86 band.

The FED held the rates steady with no change.  The economy seems to be improving but with little momentum. Various macro indicators ticked down this month.

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S&P 500 Futures_  #eminifutures  #spfutures

Monthly – Remains in the uptrend. Trade pressures are up. The Volume closed the month of August as bullish.

Weekly – In the uptrend. The 2112 short confirmation level was touched but price never closed below that level. Trade pressures have declined into the neutral zone, but did not change to down. Volumes have changed from bullish to neutral.

Daily – Long. The close above 2149 was confirmed by volume on the hourly charts. Trade pressures are up. Volumes are bullish.

The next target up is 2230 but the old high of 2185 will act as resistance.

Move stops to the entry level of 2149.  Be alert for a possible short entry at this same level.

[9-26-16: stopped out in the early session at 2149.]