Stocks rallied for the week with the Nasdaq making new all time highs. A 5-10% correction wouldn't surprise me from this area, but I think we'll see all time highs in the other indices before a substantial correction. Bonds, the Dollar, and gold look like they want lower. Banks look like they are recovering from their recent weakness from the stock indices.
The S&P rallied for the week.
vW's to 3450.5 and 3852.5 are triggered.
The Russell had a good week as well.
The Nasdaq closed above all time highs on Friday.
Dow has vW's to 30105, 32140, and 32724
Bonds fell but bounced at a vW level at 205'04
Small bounce wouldn't surprise me, but has sevral sub-$200 vM's triggered.
Gold still trading sideways.
Oil looks like it wants back above $40,
and has a vW to 80.82 that is triggered.
The Dollar broke its sideways trading to the downside.
vM's to 93.835 and 92.865 are triggered.
The xlf closed up over 10% this week.
vW's to 28.67 and new highs are triggered.
Wells Fargo participated in the rally,
but hasn't nulled its vM.
Copper
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