Market Pressures_  #tradesummary

Copper is still in the move up. Gold and Silver may be close to entering a new downtrend.

Crude oil is trading cycles within cycles; best to stand aside.
Natural gas is retracing after the move up to $3.00.

The 30 year treasury bond price has signalled a new long entry but some volume confirmation is needed.

The US Dollar futures are in a move up but still bounded by the 94-96 range.

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S&P 500 Futures_  #eminifutures  #spfutures

Monthly – Traded up near last months high. Trade pressures are up. Volumes closed the September month as bullish. Bullish volumes have risen each of these three months.

Weekly – Three weeks of green bars. Trade pressures have declined into the neutral zone. Volumes continue to be neutral.

Daily – Flat. Last weeks 2149 long entry was stopped out as the daily trading ranges increased. Trade pressures are still in the neutral zone but rising. Volumes are mixed bearish to bullish.

A close above 2164 could spark a rally. Or a break below last weeks lows could start a new move down.

The US is in the last weeks of the Presidential election season, so expect volatility.