Sunday, December 31, 2017

Last week of 2017

ES has a vW to 2707.25
It was triggered until selling pressure came in on the last trading day of 2017.
It did form an intraday vM to 2668.75 which was hit.  
See if can bounce from here towards 2707.



The Russell hit vW 1441.00 and broke above.  
Expecting 1597 area.



The Nasdaq has continued higher after hitting long term vWs.
Has formed smaller time framed vW's.  vW is formed to 6611,
but was un-triggered after bouncing of vW target price at 6536.75



The Dow is now parabolic! The only pattern I see is a bull flag to 25320.



XLF hit vW target price at 27.50 and is now trading sideways above it, 
forming a bull flag towards 30.27 



10/13/16
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
The Dollar has now formed and triggered a vM to 90.565, 
which will null vW to 96.285



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 triggered vW's to 73.78 and 83.56,
and nulled patterns to sub 40.