Index futures fell overnight but rallied at the open throughout the day to close with gains.
/ES is above its 10ma and 50ma.
The Russell's 10ma has fallen below its 200ma.
Nasdaq between 10ma and 50ma. Nasdaq looks like the most bullish of the indexes.
Dow needs to avoid death cross.
Nikkei looks like it could make new highs if price does not decline enough to change ma's and MACD. Daily and hourly MACD above zero. 10ma>50ma>200ma.
VIX
The dollar is sitting at its 50ma. Watch for bounce or dip below.
Bonds closed above the 200ma.
Gold
Sub $40 oil on the radar.
$2.16 on the radar for copper.
XLF was able to close above the 10ma.
IBB 10ma<50ma. Daily and hourly MACD below zero.
AAPL came close to vM target price. Looks like could bounce, but daily chart still ugly.
AAPL Intraday Chart
AAPL Intraday Chart
AAPL Daily Chart
WMT looks like it could be a buy here. It hit a vM target price of 70.84, hit and rejected a LVN(Low Volume Node) just below at 70.36, and 10ma appears to be trying to cross above 50ma. MACD also has bullish divergence and is sitting just under the zero line.
Look to buy here, or has a small vM to 71.41 (nulled if price >72.77) that might allow an even better entry. Would put a stop around 69.55(-3.88%) which is at the bottom of LVN area. Has vW's from 75.5 to 83.37, which if work out will likely set up to test the highs. If this idea fails, expecting 65.72 - 60.22.
WMT Intraday Chart
WMT Daily Chart
As long as WBA does not make new highs nulling the pattern, it has a vM to 84.76. It does however have gaps at 90.44 and 85.93 in between, which often hit and reverse. If $84.76 hits, WBA has a vW to 107.07 that will still be valid.
Look to buy 84.77 area, with a stop around 80.47(-5.3%). Targets 107.7 (26%) - 111.42 (31.4%). If these fail, expecting $75 area
WBA Intraday Chart
WBA Daily Chart
WMT looks like it could be a buy here. It hit a vM target price of 70.84, hit and rejected a LVN(Low Volume Node) just below at 70.36, and 10ma appears to be trying to cross above 50ma. MACD also has bullish divergence and is sitting just under the zero line.
Look to buy here, or has a small vM to 71.41 (nulled if price >72.77) that might allow an even better entry. Would put a stop around 69.55(-3.88%) which is at the bottom of LVN area. Has vW's from 75.5 to 83.37, which if work out will likely set up to test the highs. If this idea fails, expecting 65.72 - 60.22.
WMT Intraday Chart
As long as WBA does not make new highs nulling the pattern, it has a vM to 84.76. It does however have gaps at 90.44 and 85.93 in between, which often hit and reverse. If $84.76 hits, WBA has a vW to 107.07 that will still be valid.
Look to buy 84.77 area, with a stop around 80.47(-5.3%). Targets 107.7 (26%) - 111.42 (31.4%). If these fail, expecting $75 area
WBA Intraday Chart
DDD has a vM to 12.19 inside a vW to 17.76
Look to buy 12.20 area with a stop at 11.47(6.28%). Target 17.75 (45.6%)
DDD Intraday Chart
DDD Daily Chart
Look to buy 12.20 area with a stop at 11.47(6.28%). Target 17.75 (45.6%)
DDD Intraday Chart
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