Week Ending 10/23/20

Last weeks changes to the charts didn't save so there may be trend lines and target prices that were hit or nulled that need changed.

The S&P has formed shorter term  vW's to new highs. 

Still has vM's in a similar time frame. 

Bulls need above 3500...bears need below 3400

https://www.tradingview.com/chart/ES1!/9beq1aI2-S-P/

Russell

The drawing edits from last week weren't so this chart 

has a lot of stuff that needs changed again.  

Looked pretty strong Thursday and Friday.

https://www.tradingview.com/chart/RTY1!/nat7VPtV-Russell/

Bonds fell for the week below recent lows.

Looks like 211'08 is on deck.

Still has large patterns both ways.

https://www.tradingview.com/chart/UB1!/nZIT4l5H-Bonds/

Gold nulled some vW's to new highs.

Has formed a vW to 2059.6

https://www.tradingview.com/chart/GC1!/I7DPGvzz-Gold/

The Dollar hit vW to 94.425 and vW to 95.715 is still triggered.

 91.725 needs to hold to avoid further selling towards vM 87.125

https://www.tradingview.com/chart/DX1!/AiTpABVA-Dollar/

Week Ending 10/16/2020 - RIP Timmy

The S&P has decent size patterns both ways.

Currently the vM's have been untriggered, 

while longer term vW's remain triggered. 

If ES falls roughly 20 points, the patterns lower will be re-triggered. 

Click for Update

The Russell has nulled previous vM's from a few weeks ago.

Has formed small vM's to 1584.9 and 1535.4

but still has longer term vW's triggered. 

Click for Update

The Nasdaq hit vM 10694 and has so far bounced.

Now forming large patterns in both directions.

Click for Update

Bonds still have large patterns both ways.

Click for Update

Gold hit vM 1854.2 and so far bounced.

Formed a small vM to 1846.3

See if can continue bounce or moves towards vM 1846.3, 

triggering longer term vM's lower.

Click for Update

Oil trying to trigger vW to 47.23

Click for Update

The Dollar hit vW to 94.425 and vW to 95.715 is still triggered.

 91.725 needs to hold to avoid further selling towards vM 87.125

Click for Update

Copper hit a shorter time frame vW at 3.1175 a few weeks back.

Still has sizable patterns in both directions.

Click for Update

Lumber has tanked the last few weeks and has formed and triggered a vM to 124.00

which would be below 2008 lows.

Click for Update

Banks had a pretty ugly week under the surface.

Still has several patterns both ways.

Click for Update

Wells Fargo has several vM's triggered that will take it below the Corona virus lows.

Click for Update