Sunday, August 15, 2021

Week Ending 8/13/21: Crypto bounce

The S&P has been making new highs.
vW to 4499 and 4567.25 and longer term 4725 are triggered.
MACD however isn't participating, but is currently positive.
 https://www.tradingview.com/chart/ES1!/CbfJWSv4-S-P/



The Russell still trading sideways.
Needs to retake the 50 ma.



The Nasdaq hit vW 15123.5 and new ATH's without MACD



VIX close to new recent lows and vM 15.625



Bonds tested the 50ma and bounced back above 200ma.
vW 205'29  triggered 
and formed vW to 216'10, 224'25, and 231'01



Gold has bounced from vM 1707.1, but vM 1541 is still triggered.



Oil needs to hold 63.90 area. otherwise could see around $50 again.



XLF made new highs w/out MACD, but its above zero.
vW's from 39.1 to 42.52 are triggered.



Bitcoin hit vW 46642 and is above all ma's.
vW to 52905 is triggered.



ETH is looking strong with a bear flag to new highs.
Further price increase will null untrigger vM's lower









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