Stock indices closed up for the week, but well off the highs. Bonds and the dollar both have sizable patterns in both directions. Lumber jumped almost 20% for the week.
The S&P has formed vM's to 2780 and 2610.75
but are not triggered unless we go below 3000.
vW's to new highs are still triggered.
Russell similar to S&P
The Nasdaq fell after hitting vW 10021.75
vM to 9087.25 has formed.
vW's much higher are still triggered.
Bonds have formed sizable patterns in both directions.
Shorter term Bonds have grinded higher with the 5 yr almost making new recent highs.
2 Year
5 Year
Gold is still trading sideways.
Probably gonna make a big move in one direction or another in the near future.
Oil didn't close above recent highs so vM's to 33.13
and 28.93 are technically still triggered.
vW's to 43.84 and 46.27 have formed.
Dollar has been sitting in large patterns in both directions.
Banks look o.k. here, but that could change in a day,
and will likely do so in concert with the indices.
Has vM to 20.90 that is triggered, which would make things look pretty ugly.
Lumber jumped 20% for the week.
No vW's to new highs yet, but has vW's formed,
that if work out it will form vW's to new highs.
Bitcoin
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