Index futures continued falling after the close yesterday, making new intrady closing lows , but made a strong rebound in the evening, which continued overnight and into todays open with all indexes closing up about 4%, except the Russell which closed up 2.5%. Bonds and gold fell about 1%. The dollar was up .85% and is trading in between its 200ma and 250ma.
/ES continued falling yesterday 7 points passed a vM target price of 1857.75, and just above a upoc. So far looks to have reversed. Expecting 2015 - 2050. Gap at 2026 will be key level.
Russel didn't lead the rally. It must rally long term for the to rally. Needs strong price action to prevent death cross. Watch closely.
Nasdaq was the biggest gainer, but was also the biggest loser over the past several days.
NYSE still looks bad , but has stopped gapping down everyday.
Nikkei 225 has vW to 20523.
The Dollar is just below its 200ma. 10ma very close to crossing below 200ma.
Bonds below its 200ma and testing the 50ma.
Gold below 10 and 50 ma's. 10 ma looks like about to cross above the 200 ma, which should drag the price higher.
Silver made new lows today.
Oil still below $40
Copper has been creatin opening gaps around the 2.25 -2.29 area the passed few days.
XLF
IBB has vW to 380.78, and also 404.02 if you consider the excess from Mondays crash.
WBA bounced from a vM target price of 80.78. Still not pretty though.
BTU down 7% on a bullish day. Watch to see if 10ma can cross above the 50ma.
AAPL has vW to 124.67, and 127.56 if consider excess from crash. Has formed a death cross! Needs price to push 50ma back above 200!
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