Sunday, February 27, 2022

Week Ending 2/25/22: Russia invaded Ukraine. Many stocks fell below Jan lows but have bounced creating several double bottoms.

The S&P  broke below Janurary lows on Thursday but had a strong rebound. 
Has formed and triggered vW's 4512.75 and 4649.5
If can maintain an uptrend, it has a double bottom to 5057.5



The Russell teste below Jan lows, but didn't close below.
Has short term patterns both ways.



Bonds attempted to rally this week but failed.
vM's 172'28 and 169'05 are triggered.



Gold hit vW 1964.5 and longer term vW 1958.4
vW to 2038.6 is triggered.



Oil jumped hitting vW 105.08
vM's to 83.08 and 79.07 have been nulled.



The dollar rallied above Jan highs, but closed below.



Banks hit short term vM 37.27, but had a big bounce.



Bitcoin fell through vM 37421.80 but didn't break Jan lows.
Has formed short term vM to 22002.42
Also note that it has untriggered longer term vW's higher.



ETH hit vM 2388.69 and formed short term vM to 1245.99
Like BTC, ETH has untriggered longer term vW's higher.







Sunday, February 20, 2022

Week Ending 2/18/22: OPEX was last week so if volatility stays it could be a bad sign.

 The S&P  hit vM to 4341.
Hopefully bounces from here, otherwise, we will likely test January lows, 
and if we break below there vM to 3713.75 will be triggered.



The Russell is testing it's 10ma.
Has short term patterns both ways.



Bonds fit vM 182'12 and fell through, but is currently back above.
vM's 172'28 and 169'05 are triggered.



Gold jumped this week and nulled vM 1658.6
Several vW's higher are triggered.



Oil hit vW 95.61 and has turned lower.
vM's to 83.08 and 79.07 have formed.



Banks are below the 50 ma.
Has formed vM's from 37.27 to 32.60
Still has longer term vW 42.52 and 44.96 but have untriggered.



Bitcoin is below al ma's
Has triggered vM to 37421.80














Sunday, February 13, 2022

Week Ending 2/11/22: Lot's of vM's with Jan low triggers to down 20% AND MORE. Lumber jumped over 20% in thin trading

 The S&P  has formed and triggered vM to 4341.
Hopefully bounces from there, otherwise, we will be testing January lows, 
and if we break below there vM to 3713.75 will be triggered.



The Russell is testing it's 10ma.
Has short term patterns both ways.



Bonds fit vM 182'12 and fell through, but is currently back above.
vM's 172'28 and 169'05 are triggered.



10 year T-notes have triggered vM's 121'01'5 and 117'11'0



The 10 year yield has vW's from 2.095% and 3.167% that are triggered.



Gold is triggereing several vW's higher 
and the 50 ma is crossing above the 200ma.



Oil had a rough week but ended at the highs.
vW's from 95.61 to 114.07 are triggered.



Lumber jumped over 20% this week in very thin trading.
10 ma is testing the 50 ma.
vW to 2022.3 is triggered.



The Dollar is fighting between necklines for patterns both ways.



Banks testing the 10ma
Has formed vM's from 36.55 to 32.60
Still has longer term vW 42.52 and 44.96 that are triggered.



Bitcoin has big patterns both ways.


















Sunday, February 6, 2022

Week Ending 2/4/22: Gasoline. Indices trying to rebound.

The S&P  has several short term patterns formed 
and/or triggered to new highs and above.
Does have a vM to 3713.75 formed that could become 
a high probability if we start closing below 4200 area. 



The Russell is testing it's 10ma.
Has short term patterns both ways.



Bonds have formed and triggered vM's to 182'12 and 172'28



The 10 year yield has vW's from 2.095% and 3.167% that are triggered.



Oil nulled vM's from 41.34 to 61.69
vW's from 91.52 to 100.29 are triggered.



Gasoline hit vW 2.6752
Hopefully that is major resistance. 
Otherwise vW to 3.6566 (+30%) is triggered.



Lumber has untriggered vW's 2022.3 and 2390.4
Has formed vM to 609.2



The Dollar hit vW 97.170 and so far has turned lower.
Has formed and triggered vM to 94.315



Banks nulled shorter term vW's to 41.15 and 44.32
Has formed vM's from 36.55 to 32.60
Still has longer term vW 42.52 and 44.96 that are triggered.



Bitcoin jumped over 10% forming short term vW to 51514.26
and is fighting between necklines for large patterns both ways.



ETH hit vM 2231.86 and has so far bounced.















Week Ending 1/27/21:

The S&P  hit vM 4214 and has so far bounced.
Has short term vW's from 4598.75 to 4789
Has formed a vM to 3713.75 that will trigger if we break this weeks lows. 



The Russell missed vM 1882.7 by .5%
It also made it's lows Friday instead of Monday like other indices.
Hopefully it waas close enough. If the Russell makes new lows, could drag other indices with it.