S&P 500 Futures_
Monthly - Six months in the the new monthly move up. Trade pressures are up. Volumes closed the month of August as bullish. The next target up is 3408. A close below 2808 would confirm any weekly mover lower.
Weekly - In the new move up from the 2942 new long entry. Trade pressures are in the neutral zone. Volumes are bullish. The next target up is 3048. A close below 2901 would confirm any daily move lower.
Daily - Flat. In the move up from the August 26th move up thru 2845. Trade pressures are up. Volumes are neutral.
The next target up is 3072.
At the median line and near the prior highs, which should signal some profit taking. A close below 2963 would signal lower.
Navellier Top 8 Stocks – This Top 8 model portfolio began the year at $100,000 and remains approximately $112,000, or up about 12 percent for the year-to-date which is trailing the major averages.
[The author may have long or short positions in any of the securities mentioned.]