Stock indexes have been making all time highs. Oil has been breaking above 50.
The S&P has short term vW triggered to 2561 after hitting longer term vW at 2545.75.
Could see a pull back towards 2495 - 2500 area after hitting 2561.
The NASDAQ is nearing its last vW's higher.
The Russell hit vW 1441.00 and broke above. Expecting 1597 area.
The Dow has hit all vW's higher and looks almost parabolic. Expecting pullback towards 22630 and possibly 22490.
XLF has a vW to 27.50 that is triggered. It also has a possible bull flag in process to 32.80 area.
The Dollar has been hitting wM's lower. Needs to bounce from this recent target
area towards vW 96.285 and hold above there.
Otherwise expecting 87.45
Gold has short terms vM's lower, but price is bouncing back above their necklines. Needs to retake and hold 1363 area to null vM's lower, and trigger vW to 1708.3
The TLT needs to hold 115 to avoid triggering vM to 89.50
Oil has been grinding higher. Needs to hold $50 to avoid further selling towards sub $40.
Above $55 will trigger vW to $73.78 and null patterns lower.
The IBB has hit vW to 32.62. Has been closing above that target price, so 399.16 may be on deck.
