Sunday, April 18, 2021

Week Ending 4/18/21: Majors except Russell make new highs. Lumber still nuts. DOGE launched.

Major indices made new highs except for the Russell.  DOGE launched while BTC and ETH down.  Bonds looking better with the yield coming down.



The S&P hit vW 4166.25 and made new highs.
vW to 4212.75 and longer term vW to 4394.75 are triggered. 



The Russell had a bullish wee triggering short term vW's up to 2529.5
vM to 1830.3 is formed.  New highs will null.



Bonds still looking bullish.
Has triggered vW's from 187'06 to 193'25



10 Year yield has triggered a vM to 1.434



Gold has triggered short term vW's to 1798.8 and 1833.8
with MACD testing 0 line and retaking the 10sma.



Oil has several short term patterns both ways. 
Above 67.98 will null vM's lower.
MACD also crossing above 0



Lumber jumped through vW target price 1160.7
Looks like it barely traded there.
Has formed several small gaps also.
See what happens at vW1338.9



The Dollar is testing its 50ma and 
the 10ma is crossing below the 200ma.
MACD is testing the zero line as well.
vW to 94.94 is still triggered.



XLF hit vW 35.45 and vW's 36.76 and 37.37 are triggered.
Also has large longer term patterns to 39.85 and 44.96
Small vM to 32.56 and 30.45 has been nulled.



Bitcoin is forming decent size patterns lower, 
and close to nulling short term vW's higher if goes below 50360
Bull flags are looking to extended to be flags anymore.
Also has bearish MACD divergence.



ETH has hit several short term vW's.  
vW to 2658.43 is still triggered, 
but is also fighting with vM's 1711.65 and 1486.85
Has longer term vW to 2591.6 triggered.



DOGE launched this week.
Has formed a vM back below .09
and formed vW's to .42-.47
along with a bull flag to .70
Click for Update

DOGE 1 hour chart
Click for Update



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