Sunday, December 26, 2021

Week Ending 12-23-21: Indices near all time highs except for the Russell

 The S&P nulled vM's from 4485.75 to 4309.25
Formed vM's to 4462.75 and 4298.25 but are close to nulling.
vW's to 4875.75 and 4960 are triggered.



The Russell isn't looking as strong as the other indices.
It's the same place that it was in early Feb.
Does have a W with MACD curling up and a few longer term vW's triggered.https://www.tradingview.com/chart/RTY1!/WGJHCIbe-Russell/



Bonds nulled vM's 184'27 and 177'07 
Has several decent size patterns both ways.



Gold is in a large wedge between necklines for patterns both ways.



Oil formed vM's to 61.69 52.55 and 41.34
Several longer term vW's from 85.87 to 114.07 are triggered.



The Dollar has several short and longer term vW's triggered.



Banks fighting between necklines for vM  36.00 and 34.44
and vW's 41.36 and 42.52 



Bitcoin has triggered vM to 39477.23 and formed vM to 24792.99
Still has vW's to 70126.68 and 82221.88 if stays above 28600



Ethereum formed vM to 3041.34
Still has vW's to 5090.90 and 6536.27 if remains above 1700














Monday, December 13, 2021

Week Ending 12/10/21: Short term treasuries fell more than long term. Indicies trying to fight back last weeks bears. Lumber climbing again.

 The S&P is back near all time highs and close to nulling vM's lower.
vW to 4875.75 is triggered and formed a vW to 4920.25



Russell back to middle of range.



Bonds untriggered vM's 184'27 and 177'07 



Short term treasuries fell more than longer term treasuries.
Hit vM 109'00. See if bounces or continues to 108'10



Gold is in a large wedge between necklines for patterns both ways.



Lumber climbing again. Expecting 1163.6



The Dollar has several short and longer term vW's triggered.https://www.tradingview.com/chart/DX1!/wnD0QWox-Dollar/



Banks have formed and triggered vM to 36.00 and formed vM 34.44
vW's 41.36 and 42.52 are still triggered.



Bitcoin has triggered vM to 39477.23 and formed vM to 24792.99
Still has vW's to 70126.68 and 82221.88 if stays above 28600https://www.tradingview.com/chart/BTCUSD/L7Uzmxyp-Bitcoin/



Ethereum formed vM to 3041.34
Still has vW's to 5090.90 and 6536.27 if remains above 1700



Hex looking ugly with vM's to 0, 
however it's making new lows without MACD












Sunday, December 5, 2021

Week Ending 12/3/21: Pretty much everything fell except lumber and doesn't look pretty. Could see further selling.

The S&P fell forming and triggereing vM's from 4485.75 to 4309.25
vW to 4875.75 has untriggered, Above 4630 will re-trigger. 



Russell now back at bottom of range,
Has formed vM's to 1997.1 and 1882.7



Bonds broke out and triggered vW's up to 231'01
and nulled vM's 184'27 and 177'07 

Also long term bonds outperformed short term bonds



Ten year yield down and close to hitting 1.334



Gold has been falling as well.
Has formed a vM to 1658.6



Copper re-triggering vM's to 3.5870 to 3.3340



Oil falling as well. Has formed vM's to 61.69 52.55 and 41.34



Lumber hit vW 900.2 and triggered vW to 1163.6



The Dollar has several short and longer term vW's triggered.



Banks have formed and triggered vM to 36.00 and formed vM 34.44
vW's 41.36 and 42.52 are still triggered.



Bitcoin has triggered vM to 39477.23 and formed vM to 24792.99



Ethereum formed vM to 3041.34