Sunday, December 26, 2021

Week Ending 12-23-21: Indices near all time highs except for the Russell

 The S&P nulled vM's from 4485.75 to 4309.25
Formed vM's to 4462.75 and 4298.25 but are close to nulling.
vW's to 4875.75 and 4960 are triggered.



The Russell isn't looking as strong as the other indices.
It's the same place that it was in early Feb.
Does have a W with MACD curling up and a few longer term vW's triggered.https://www.tradingview.com/chart/RTY1!/WGJHCIbe-Russell/



Bonds nulled vM's 184'27 and 177'07 
Has several decent size patterns both ways.



Gold is in a large wedge between necklines for patterns both ways.



Oil formed vM's to 61.69 52.55 and 41.34
Several longer term vW's from 85.87 to 114.07 are triggered.



The Dollar has several short and longer term vW's triggered.



Banks fighting between necklines for vM  36.00 and 34.44
and vW's 41.36 and 42.52 



Bitcoin has triggered vM to 39477.23 and formed vM to 24792.99
Still has vW's to 70126.68 and 82221.88 if stays above 28600



Ethereum formed vM to 3041.34
Still has vW's to 5090.90 and 6536.27 if remains above 1700














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