Wednesday, February 24, 2016

2/24/16

Stock indexes and oil rallied after being down substantially in the a.m., then closing in the green.  



/ES hit vW to 1929.25.  vM1867 triggered, also vM1837.5 formed.  Break above 1943.75 nulls both.



Russell triggering vW's towards 1100



Oil bounced off its 10ma.  Needs to push above its 50ma and 34.82, which will null vM to 24.7 and will trigger vW to 41.08



The Dollar has retaken its 200ma.  Moving average construction looking bullish.  vW to 9.09 triggered.




Bonds



Gold



Copper trying to trigger vW to 2.3442



XLF



IBB

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