10/26/15

Stock indexes were basically flat with the Russell slightly lower.  The Russell still hasn't broken the last fed event highs while other indexes have.

10/23/15

XLF nulled vM to 21.06

10/19/15

Nasdaq broke the fed event levels,  Russell still has not.

/ES

/TF

10/15/15

Futures launched at 1100 bouncing off the 10ma.  Not sure why yet.

10/16/15

Futures launched on Thursday at 1100, and continued the rally into Friday..  The Fed event has yet to be broken for the Russell and Nasdaq futures.

  

/ES filled a gap at 20026 after bouncing off the 10ma on Thursday.

/TF still has vM to 1116.9.  Break above 1167.4 nulls.

Nasdaq hit vM to 4374 and 4406.75 have hit.  The Fed event high at 4441.75 still hasn't been broken.

$

Bonds

Oil bounced off the 200 MA forming vM's to 44.07 and 39.02

Copper

10/14/15 - WMT

 

Stock indexes fell with the Russell leading the way.  Walmart got hammered falling over 9%.  Oil dipped below $46

/ES fell hitting vM to 1985.  If can't hold there expecting 1947.25, which is near the 1944 line in the sand.

/TF

The Dollar fell but MACD is still converging.

Gold above 200ma and hit vW target price at 1186.8

Oil dipped back below $46

IBB

Walmart tanked 10% to vM target price 60.22,  Needs to hold $57 level to avoid further selling towards $48.  Daily MACD looks like wants to break above zero.

10/12/15

 Indexes still have bearish divergence and are still near  the zero line.   /ES, spy, upro and S&P cash  have held the fed event while spxu keeps grinding lower.   Oil fell 5%

/ES

/TF

/NQ

Dow

IBB was up over 1% after a roller-coaster a.m., but closed flat.

XLF

Nikkei

$

Bonds

Gold and silver look headed to test their 200ma's

 Silver

 Copper

Oil fell over 5%.  

10/9/15 - SPY vs SPX vs /ES

The S&P and Dow broke the recent fed announcement levels, while the Russel and Nasdaq have not.  Also note that the SPY, UPRO, and S&P cash did not break the fed levels while the SPXU did.  The Dow's etf and cash index broke fed levels with the futures.  There is a lot of short/intermediate time frame bearish divergence across all majors, metals, and oil.   IBB didn't participate in the gains for the week.  Oil broke above 50

/ES broke the feds recent high and 50ma, nulling short term vM's, however the shorter term vW's are spent.  Still has vW's to 2015.75, 2050.5, and to new highs from August crash levels.  Bulls need MACD to reset/re-engage.  The SPXU has fallen below its 200ma while the SPY and UPRO remain below theirs as well.  They usually mirror each other.

SPY held fed levels

SPXU broke below fed levels and it's 200ma

The Russell testing its 50ma.  

Nasdaq

Dow pushed thru gap.

Nikkei

IBB was down for the week while the majors were up.

The Dollar's ma's are converging.

Gold

Copper 2.54 - 2.5523 on the radar. 

Oil sitting just below its 200ma.   Has bearish divergence.