The indexes had a rough week and tested the 10 SMA's during OPEX week. Bonds are still in a downtrend and look like they want lower. Gold is in a downtrend, while silver is in an uptrend, and copper skyrocketing. Lumber still looks parabolic, but has negative macd divergence, and hopefully(??? idk) rolling over a bit. Bitcoin and Ethereum are making new highs.
The S&P is testing its 10 sma.
Click for Update
Has formed short term vM's to
3865.75, 3839.75, and 3816. New highs will null.
vW's to 4021 and 4394.75 are triggered.
The Russell has formed short term vM's to 2159.1 and 2036.3. New highs will null.
Short term vW to 2339.6(new highs) has formed and several longer term vW's are triggered.
Bonds have continued their downtrend and have
nulled longer term patterns to 242'15 and 249'26
Gold is in a downtrend triggereing vW's,
while silver is in an uptrend triggereing vW's
Copper hit vW and continued higher.
vW's to 4.5175 and 4.6270 are triggered.
Oil has hit been pushing higher and nulling smaller term vW patterns.
Longer term vW's from 80.82 to 114.07 triggered.
The Dollar has hit vW target price 89.210
It's currently battling between short term necklines.
Needs to hold 88.150 to avoid further selling towards 87.125,
and triggering newly formed vM to 73.340
Lumber has been going parabolic again.
Has triggered vW's to 1160.7 and 1338.9
Has formed small vM to 964.4
These highs are without macd and
1 hour macd is currently negative.
Not sure why it's so high here, but would
like to see it rollover a bit, or at least
stop going parabolic, as I think that would hurt home builders.
The XLF has triggered large longer term pattern to 44.96
Bitcoin hit vW 52899.84
Its a stretch, but technically
has a vW to 60866.38 triggered.
Also has a bull flag to 71664.13
Ethereum has vW to 2591.6
No comments:
Post a Comment