The S&P traded sideways, testing its 10ma,
but pushed higher Friday closing up on the week.
Several short term vW's triggered along with longer term to 4394.75
New highs will null vM's to 4013.75 and 3930
Russell pretty much the same since last week,
except 10 ma has retaken the 50 ma.
From 5/27/21
Russell looking more bullish with the 10ma trying to cross above the 50ma.
Had bullish macd cross and looking to breach above the zero line.
vW's from 2346.1 to 2529.5 are triggered, along with some longer term ones in between.
Also possible bull flag to 3059.5 formed.
Bonds also same from last week,
except 10 ma has retaken 50 ma.
From 5/27/21
Bonds hit vW 188'03. 10ma trying to retake the 50ma
Has triggered short term vW's from 190 to 199.
Also has bullish macd cross and trying to get above zero line.
10 year yield has triggered vM's to 1.434 and 1.162
Also has bearish 10/50 ma construction and macd.
Shorter term vM to 1.363 has formed.
Gold has formed short term vM's to 1799.3 which is right at it's 50 ma.
Might be healthy if it test the 50 ma as vW's higher and the bull flag will remain intact.
Oil climbed above recent highs this week, nulling vM's from 59.84 to 50.68
I hit short term vW 69.49 so could see some resistance here, but vW's to 72.24 and 75.64 are triggered.
This months lumber contract rollover skewed all necklines and target prices so I deleted everything.
vM to 609.5 has formed, and currently fighting between 10 and 50 ma's
Still has bull flags to 2604 and 2957 if has bullish action and clears new highs.
The Dollar is fighting between short term patterns.
Currently lower is winning with vM's from 89.46 to 86.245 getting triggered.
MACD trying to bullish crossover.
Bitcoin still trading sideways.
Has come close to vM 29721.88 a couple times,
making it less likely to bounce if goes there.
If that doesn't hold, next target price is 16021.58.
If that doesn't hold, next target is 3544.92.
vM's from 29721 to negative 1151.55 are triggered.
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