Stocks fell lower but had some small rallies in between. The Russell did fare better than other indices on Friday, which may be a good sign. Oil fell as low as 20.52 closing at 22.63.
The Dollar has had a huge run the last two weeks, rising over 8%
The S&P made new lows on Friday, triggering vM to 1369.5 and nulled vW 3579.25
Has a small vM to 2134 that is triggered.
The Russell was relatively stronger than the other indices Friday, which is often a good sign.
It is currently battling between vW 1232.2 and vM 942.2
The Nasdaq hit vM 686.25 and has a vM to 6605 just underneath it.
The Dow hit a vM at 18781, see if can hold to avoid selling towards 12797
Bonds battling between small vW's and larger vM's
Oil has continued to get hammered.
It's forming small patterns higher but vM to 19.91 is still triggered.
Some are calling for $11.00 but I'm not seeing it yet.
Gold has taken a beating as well.
Trying to form and trigger vW to 1641.2
vM's to 1437.8 and 1405.2 are triggered.
The Dollar launched this week hitting vW 103.645 and nulling longer term vM to 87.445
Except for long term patterns to 0.65 from 2001-2003,
I don't currently see any vM's lower.
VW to 105.515 is triggered.
XLF has vM to 13.80 triggered and has nulled vW's to 31.79 and 34.78
No comments:
Post a Comment