The Fed will likely raise rates this week. The stock market has continued to make new all time highs following the Trump rally. Bonds will likely get hit if they raise rates. Stock indexes have been going parabolic, and look like they want higher. A big pullback wouldn't surprise me, but think will get to 20300 on the Dow and 2370 S&P
/ES has vW's to 2370+ area. Think will see some exhaustion there.
Dow has vW triggered to 20311
The dollar has formed a vM to 98.057
If hits there, expecting a test of the 200ma.
Oil has triggered a vW to 63.20 which will null vM to 19.41
Expecting resistance around 63.20
XLF has gone parabolic since 11/8
Expecting Exhaustion at 24.74
IBB has been trading sideways. Has large patterns both ways. Needs to hold 240, and preferably the neckline for 398.28
