The indices got off to a rough start but closed the week up or flat.
Gold and bonds were down as the Dollar continued to move sideways.
Wells Fargo is looking weak compared to the XLF so watch those.
The S&P has formed short term vW to 3437.25
and longer term to new highs 4340.25 and 3450.5.
All time highs are 3397.5
The Russell has a short term vM to 1533.2
inside larger vW's to 1609.6, 1629, and 1679
The Nasdaq has shorter term vW's to 1147 to 11739 areas,
Inside larger vw's to 1187.75 and 12732.25
Bonds fell for the week triggering vM's to 215'29 and 211'08
Still has larger, longer term, patterns in both directions.
Gold has formed vM's to 1854.2 and 1711.1
however vW's to 2127.5 and 2416.1 are still triggered,
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.
The Dollar hit vM 92.835 and has found a bit of support.
If falls below that, expecting the bear flag at 91.305
and if that doesn't hold, expect vM to 87.125 which will null vW's higher.
Lumber is up more than 185% off its April lows,
nulling vM's lower and triggering vW to 878.3
Wells Fargo has a vW to 19.72 triggered,
and is close to triggering vM to 12.59
It is also close to nulling vW's higher.
It caused weakness in XLF last time so watch it v.s. XLF
XLF is forming vW's that will null shorter term vM's lower.
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