Stocks indices bounced for the week
The S&P has bounced forming a W.
The "2070-ish " from last week was a typo or mistake.
Not sure what it was supposed to be, but regardless,
a W to 2998 has formed and is attempting to retake vM necklines lower.
If the W to 2998 works, it will null vM's lower.
The Russell is forming a W towards the 1701 area.
The Dow has retaken necklines for vW's lower and has formed a double bottom to new highs.
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The XLF has formed a vW to 29.41
Oil continues to get hammered and busting through target prices.
$40 wouldn't surprise me at all.
The dollar has a vM to 94.410 formed, but ultimately looks like it wants higher.
From 10/28/18
Gold has formed and triggered a vM to 1121.2.
which is very likely if the Dollar continues to rise.
Needs to hold 1230 area to avoid further selling towards 1121.2,
which will likely be a buyin opportunity for vW to 1708.3
Despite Stock indicies rallying, bonds had a good week as well.
A bit suspicious of the stock rally since bonds didn't fall in conjunction .
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