Sunday, December 6, 2020

Week Ending 12/4/20:


The S&P hit shorter term vW's at 3685, nulling vM to 3331.
vW's to 3788.5 and 3907.25 are triggered.



The Russell nulled several short term vW's on Monday,
but then revered and blew through their target prices.
VW to 1909.1 is triggered, and there is a bull flag to 1959.4 on the hourly chart.



Bonds fell below recent target price hit at 211'08
and is now below the major moving averages.
Expecting vM 204'09 to hit.



Gold bounced off neckline for vM 1711.1
vM to 1588 is still triggered.
Click for Update



Oil hit vW to 44.90
vW to 47.68 still triggered.
vM to 27.13 is nulled.
Click for Update



The Dollar fell this week, falling through vM target prices 91.080
It did stop at a prior vM target price 90.565
See if can bounce, otherwise next target price is 87.125 
Click for Update



XLF closed above recently hit target prices of 
short term vW 28.56 and longer term vW 28.47
Still has several gaps at 27.69, 27.28, and 25.28
Click for Update



Wells Fargo has a few gap ups as well.  
It also nulled shorter term vM to 20.68
Has formed and triggered vW to 38.04




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