Markets have been volatile prior to the election. Wells Fargo is below the Corona Virus lows. Lumber also looks to have further downside.
The S&P needs to hold this area it closed at Friday
to avoid triggering vM to 2855 and untrigger vM's to 3161.25 and 3060.5
The Russell is forming vM's lower and vM to 1433.5 is triggered.
Still has much longer term vW's triggered,
but could see substantially lower if recent price doesn't hold.
Bonds still have large patterns both ways.
Gold has been trading down and hit vM 1854.2
Has small vM to 1711.1 that has formed.
Still has a much larger time frame vW's higher.
Oil has triggered vM to 33.94 and 27.13
The Dollar is in between to short term patterns.
See if can gain above the 94.75 area and null vM's lower,
or falls below 92.
Lumber still getting hammered. Hope it doesn't happen because probably means some other bad stuff will/is happening,
but vM to 124 is triggered, and pattern wise it looks pretty solid.
Banks have several patterns triggered both ways.
Wells Fargo has fallen below the Corona Virus lows.
vM's to 19.72 and 12.59 are triggered, and technically
has formed and triggered a vM into negative territory.
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