S&P and Nasdaq made new all time highs. Several upper target prices have been hit so expecting a pullback soon. Nasdaq and Russell still have some shorter term vW's to about 7-10% higher.
The S&P has hit vW's and made new all time highs.
It has some short term patterns both ways,
but has a long way to go to the next long term vW price target 3858.50
Expecting a decent pullback soon.
The Russell hasn't made ATH yet
and still has longer term vW patterns in range.
The Nasdaq still has a vW triggered to 12734.25,
which is about 7% higher from here.
Dow still has vW to 30105 triggered.
Bonds still have large patterns both ways,
but recently have untriggered the vW's while triggering the vM's
Gold has hit some upper target prices,
But still has some huge ones to the upside.
Has formed a shorter term vM to 1711.1
Silver forming good size patterns both ways
Copper forming sizable patterns in both directions.
Oil has been trading sideways to slightly higher.
vW's to 46.27 and 43.84 are triggered.
Dollar looks like it wants 91.305
Lumber jumped above its last "short-term" pattern
in this enormous run.
Only pattern left with price data from 1972,
is an ugly vW to 940.5
"Expecting" it to hit 940.5 for some resistance there, but who knows.
Also, if doesnt pull back much, it could set up a bullflag to the $1400-$1500 area.
XLF looks decent with some shorter term vW's triggered.
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