Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

S&P500 Futures Buy-Sell Levels

|Includes: ProShares UltraShort S&P 500 ETF (SDS)

Market Pressures_

Copper has moved down. Gold and Silver have continued their move up.

Crude has moved up to and back down thru the 50 target. In a retracement move now.

The US 30YR Treasury bond has moved up in price near a profit target level. Appears to be over bought.

The US Dollar futures have signaled a new move down. The BREXIT vote in the UK occurs on June 23rd. Funds could flow back into the Dollar.

_________

S&P 500 Futures_

Monthly - Remains at the upper end of the channel. Trade pressures are up. Volumes closed the month of May as bullish.

Weekly - After reaching a contract high of 2110, the trade pressures are up but showing some negative divergence. Volumes remain bullish.

Daily - Short. A close below 2078 triggers the new short entry. Trade pressures are up but turning down. Volumes changed from bullish to bearish on Friday, June 10th.

Additional disclosure: The author may have long or short positions in any of the securities mentioned.