Friday, April 29, 2022

Week Ending 4/22/22:

The S&P fell heavily Thursday and Friday erasing gains. 
Needs to hold 4100 area, otherwise could see further selling to 4124.75



The Russell feel the end of the week as well. 
Needs to hold 1883, otherwise expecting 1756.6



Bonds traded sideways, but ended up down .62% for the week.



Gold is testing the neckline for vM 1713.7



Oil has been trading in a wedge. 
Has vM's to 87.12, 84.12 and 55.59 
and vW's to 116.43 and 123.13
























 

Sunday, April 24, 2022

Sunday, April 3, 2022

Week Ending 4/1/22: Some shorter term yields are higher than longer term.

 The S&P has vw's triggered from 4649.5 to 5057.5



The Russell has several short term vW's triggered.



Bonds were back and forth in intra-day trading, but closed up for the week.



The 10 year yield hit several vW's higher. Has formed short term patterns in both directions.



Oil has corrected over 25% from its highs.
has formed vM's to 87.12, 84.12 and 55.59 



Lumber has been trading sideways and hit vM 936.1
Has formed and triggered vM to 543.9



The Dollar has been trading sideways. 
If breaks recent highs it has formed a bull flag to 102.880



XLF hit vM 38.06
Has formed and so far triggered vM 37.02



Bitcoin rallied nulling vM 22002.42
vW to 51514.26 is triggered.








Week Ending 3/18/22: Commodities blow off top???

 The S&P Rallied this week.
Needs to hold 4101.75 to  
avoid breaking W to 5057.5 
and triggering vM to 3713.75




The Russell has several short term vW's triggered.






The 10 hit longer term vW's 2.095% and 2.223%
Short term vW's from 2.355% to 2.439% are triggered.



Gold jumped above vW 2038.6 and fell back 
below after a big run since Febuary.
Formed vW 2455.2 and still has large patterns both ways.



Oil has corrected over 25% from its highs.
has formed vM's to 87.12, 84.12 and 55.59 



The Dollar trade down this week. 
If breaks recent highs it has formed a bull flag to 102.880