Sunday, July 26, 2020

Week Ending 7/24/20 - Dollar/Gold/Bitcoin

Stock indices pretty much closed sideways for the week.  Gold and the dollar had big moves and Bitcoin is about to trigger vW's much higher.



The S&P has formed vM to 3123.25.
Several short and longer time frame vW's to new highs are still triggered.



Russell has formed a vM to 1427.5
Several vW's to new highs are triggered.



Bonds have formed sizable patterns in both directions.



Gold ripped higher pushing thru vW target prices 1881 and 1857 
and is now just under vW target price at 1937.6



Oil has been trading sideways to slightly higher.
vW's to 46.27 and 43.84 are triggered.



The dollar broke lower this week and has triggered vM's substantially lower to 91.305 and 87.125



Considering action in the dollar and gold this week, 
I'm including Bitcoins chart.  
It's about to trigger a vW to 26556 



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