Sunday, April 11, 2021

Week Ending 4/9/21:S&P and Dow new highs. Lumber still climbing.

 the S&P and Dow made record highs this week.  Bonds are looking bullish and the yield has a vM below 1.5%, which should be good for stocks.  Lumber still rising and copper looks bullish.



The S&P hit several shorter term vW target prices.
Short term vW's to 4166.25 and 4212.75 are4 triggered,
along with longer time frame vW to 4394.75



The Russell has several short and longer term bullish patterns from 2344.1 to 2581.3
vM to 1830.3 is formed.  New highs will trigger.
Click for Update



Bonds have triggered vW's from 187'06 to 193'25



Bonds have formed a vM to 1.434



Gold looks like it is trying to bounce from prior vM at 1672.
If cant hold the 1672 area, expecting 1615-1588 and vM to 1385.7 will be triggered.





Lumber launching again.  
Hit vW to 1135.5



The Dollar looking like it wants higher.  
vW's 94.940 and 98.135 are triggered. 



XLF has formed short term vW's from 35.45 to 37.37
Also has large longer term patterns to 39.85 and 44.96
Small vM's to 32.56 and 30.45 have formed.



BTC formed vM's to 45916.60 and 38834.65, new highs will null.
Still has several vW's and bull flags higher.
Click for Update
















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