Friday, April 29, 2022

Week Ending 4/22/22:

The S&P fell heavily Thursday and Friday erasing gains. 
Needs to hold 4100 area, otherwise could see further selling to 4124.75



The Russell feel the end of the week as well. 
Needs to hold 1883, otherwise expecting 1756.6



Bonds traded sideways, but ended up down .62% for the week.



Gold is testing the neckline for vM 1713.7



Oil has been trading in a wedge. 
Has vM's to 87.12, 84.12 and 55.59 
and vW's to 116.43 and 123.13
























 
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Sunday, April 24, 2022

Week ending 4/8/22:

 The S&P has vW's to new highs,
but MACD currently turning lower.



The Russell fell for the week and MACD turning negative.



Bonds fell for the week, falling through longer term vM's











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Sunday, April 3, 2022

Week Ending 4/1/22: Some shorter term yields are higher than longer term.

 The S&P has vw's triggered from 4649.5 to 5057.5



The Russell has several short term vW's triggered.



Bonds were back and forth in intra-day trading, but closed up for the week.



The 10 year yield hit several vW's higher. Has formed short term patterns in both directions.



Oil has corrected over 25% from its highs.
has formed vM's to 87.12, 84.12 and 55.59 



Lumber has been trading sideways and hit vM 936.1
Has formed and triggered vM to 543.9



The Dollar has been trading sideways. 
If breaks recent highs it has formed a bull flag to 102.880



XLF hit vM 38.06
Has formed and so far triggered vM 37.02



Bitcoin rallied nulling vM 22002.42
vW to 51514.26 is triggered.








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Week Ending 3/18/22: Commodities blow off top???

 The S&P Rallied this week.
Needs to hold 4101.75 to  
avoid breaking W to 5057.5 
and triggering vM to 3713.75




The Russell has several short term vW's triggered.






The 10 hit longer term vW's 2.095% and 2.223%
Short term vW's from 2.355% to 2.439% are triggered.



Gold jumped above vW 2038.6 and fell back 
below after a big run since Febuary.
Formed vW 2455.2 and still has large patterns both ways.



Oil has corrected over 25% from its highs.
has formed vM's to 87.12, 84.12 and 55.59 



The Dollar trade down this week. 
If breaks recent highs it has formed a bull flag to 102.880



















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Sunday, March 13, 2022

Week Ending 3/11/22: Indices traded sideways and need to hold recent lows. Commodities blow off top???

 The S&P needs to hold 4101.75 to  
avoid breaking W to 5057.5 
and triggering vM to 3713.75



The Russell went sideways along it's 10 ma.
Has good size,  short term patterns both ways.
Has formed a larger vM to 1429. 
Needs to hold recent lows!



Bonds have formed and triggered vM's from 172'26 to 154'16



The 10 year yieldjumped this week. 
Has vW's from 2.095% to 3.167% that are triggered.



Gold jumped above vW 2038.6 and fell back 
below after a big run since Febuary.
Formed vW 2455.2 and still has large patterns both ways.



Oil jumped the last couple weeks and is now 15% off highs.
Has formed vM's to 87.12 and 84.12



Lumber nulled vM 609.2 but hell heavily after and has formed vM to 936.1



The Dollar performed opposite of commodities and looks like wants higher.
vW's from 99.975 to 105.515 are triggered.



XLF has broken January lows.
vM 35.14 and 32.60 are triggered.



Bitcoin fell through vM 37421.80 but didn't break Jan lows.
Has formed short term vM to 22002.42
Also note that it has untriggered longer term vW's higher.



Bitcoin rallied this we as continues sideways.
Has formed short term vM to 22002.42
















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Sunday, March 6, 2022

Week Ending 3/4/22: Copper and gold rallying.

 The S&P needs to hold 4101.75 to  
avoid breaking W to 5057.5 
and triggereing vM to 3713.75



The Russell went sideways along it's 10 ma.
Has good size,  short term patterns both ways.
Has formed a larger vM to 1429. 
Needs to hold recent lows!



Bonds jumped this week, filled the gap, and closed back near highs.
VM's lower still triggered, but formed vW to 200'29 as well.



Copper jumped this week above vW 4.8665 and nulled several vM's lower.
Bull flag to 7.5050 could become a possibility.



Oil jumped hitting vW 105.08
vM's to 83.08 and 79.07 have been nulled.



Lumber climbed this week and has triggered vW's1621.5 to 2022.3



The Dollar jumped this week hitting 98.785 and nulling vM's 94.315 and 92.400
vW to 105.170 is triggered.



XLF nulled vW 45.98
vM's to 36.55 and 35.14 are triggered.



Bitcoin fell through vM 37421.80 but didn't break Jan lows.
Has formed short term vM to 22002.42
Also note that it has untriggered longer term vW's higher.





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Sunday, February 27, 2022

Week Ending 2/25/22: Russia invaded Ukraine. Many stocks fell below Jan lows but have bounced creating several double bottoms.

The S&P  broke below Janurary lows on Thursday but had a strong rebound. 
Has formed and triggered vW's 4512.75 and 4649.5
If can maintain an uptrend, it has a double bottom to 5057.5



The Russell teste below Jan lows, but didn't close below.
Has short term patterns both ways.



Bonds attempted to rally this week but failed.
vM's 172'28 and 169'05 are triggered.



Gold hit vW 1964.5 and longer term vW 1958.4
vW to 2038.6 is triggered.



Oil jumped hitting vW 105.08
vM's to 83.08 and 79.07 have been nulled.



The dollar rallied above Jan highs, but closed below.



Banks hit short term vM 37.27, but had a big bounce.



Bitcoin fell through vM 37421.80 but didn't break Jan lows.
Has formed short term vM to 22002.42
Also note that it has untriggered longer term vW's higher.



ETH hit vM 2388.69 and formed short term vM to 1245.99
Like BTC, ETH has untriggered longer term vW's higher.







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Sunday, February 20, 2022

Week Ending 2/18/22: OPEX was last week so if volatility stays it could be a bad sign.

 The S&P  hit vM to 4341.
Hopefully bounces from here, otherwise, we will likely test January lows, 
and if we break below there vM to 3713.75 will be triggered.



The Russell is testing it's 10ma.
Has short term patterns both ways.



Bonds fit vM 182'12 and fell through, but is currently back above.
vM's 172'28 and 169'05 are triggered.



Gold jumped this week and nulled vM 1658.6
Several vW's higher are triggered.



Oil hit vW 95.61 and has turned lower.
vM's to 83.08 and 79.07 have formed.



Banks are below the 50 ma.
Has formed vM's from 37.27 to 32.60
Still has longer term vW 42.52 and 44.96 but have untriggered.



Bitcoin is below al ma's
Has triggered vM to 37421.80














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Sunday, February 13, 2022

Week Ending 2/11/22: Lot's of vM's with Jan low triggers to down 20% AND MORE. Lumber jumped over 20% in thin trading

 The S&P  has formed and triggered vM to 4341.
Hopefully bounces from there, otherwise, we will be testing January lows, 
and if we break below there vM to 3713.75 will be triggered.



The Russell is testing it's 10ma.
Has short term patterns both ways.



Bonds fit vM 182'12 and fell through, but is currently back above.
vM's 172'28 and 169'05 are triggered.



10 year T-notes have triggered vM's 121'01'5 and 117'11'0



The 10 year yield has vW's from 2.095% and 3.167% that are triggered.



Gold is triggereing several vW's higher 
and the 50 ma is crossing above the 200ma.



Oil had a rough week but ended at the highs.
vW's from 95.61 to 114.07 are triggered.



Lumber jumped over 20% this week in very thin trading.
10 ma is testing the 50 ma.
vW to 2022.3 is triggered.



The Dollar is fighting between necklines for patterns both ways.



Banks testing the 10ma
Has formed vM's from 36.55 to 32.60
Still has longer term vW 42.52 and 44.96 that are triggered.



Bitcoin has big patterns both ways.


















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Sunday, February 6, 2022

Week Ending 2/4/22: Gasoline. Indices trying to rebound.

The S&P  has several short term patterns formed 
and/or triggered to new highs and above.
Does have a vM to 3713.75 formed that could become 
a high probability if we start closing below 4200 area. 



The Russell is testing it's 10ma.
Has short term patterns both ways.



Bonds have formed and triggered vM's to 182'12 and 172'28



The 10 year yield has vW's from 2.095% and 3.167% that are triggered.



Oil nulled vM's from 41.34 to 61.69
vW's from 91.52 to 100.29 are triggered.



Gasoline hit vW 2.6752
Hopefully that is major resistance. 
Otherwise vW to 3.6566 (+30%) is triggered.



Lumber has untriggered vW's 2022.3 and 2390.4
Has formed vM to 609.2



The Dollar hit vW 97.170 and so far has turned lower.
Has formed and triggered vM to 94.315



Banks nulled shorter term vW's to 41.15 and 44.32
Has formed vM's from 36.55 to 32.60
Still has longer term vW 42.52 and 44.96 that are triggered.



Bitcoin jumped over 10% forming short term vW to 51514.26
and is fighting between necklines for large patterns both ways.



ETH hit vM 2231.86 and has so far bounced.















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Week Ending 1/27/21:

The S&P  hit vM 4214 and has so far bounced.
Has short term vW's from 4598.75 to 4789
Has formed a vM to 3713.75 that will trigger if we break this weeks lows. 



The Russell missed vM 1882.7 by .5%
It also made it's lows Friday instead of Monday like other indices.
Hopefully it waas close enough. If the Russell makes new lows, could drag other indices with it.




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Sunday, January 23, 2022

Week Ending 1/21/22: Russell close to correction territory. Gold triggering higher. Crypto falling.

 The S&P nulled shorter term vW's higher.
Hit vM 4494.25 and found no support.
Expecting vM 4301.75



The Russell fell hitting closing below vM target price 1977.1
50 ma is below 200 ma.



Bonds fell heavy in the beggining of the week, 
but came close to bouncing back



The 10 year yield hit vW to 1.902% and has so far turned lower.
Still has vW's to 2.095% and 2.223% that are triggered.



Gold already has, or is close to triggering several vW's higher



Oil nulled vM's from 41.34 to 61.69
vW's from 91.52 to 100.29 are triggered.



Lumber hit 1320.3 and turned lower.
Has formed and triggered vM 1064.2
Still has bull flag to 1633.2 possible 
Also has a large vW to 2022.3



Banks fell this week forming and triggering vW's 35.14 and 36.55
vW to 42.52 has been untriggered.



Bitcoin hit vM 39477.26 and found no support.
vM's 24792.99 and 197847.81 are triggered.



ETH hit vM 2714.22
vM's 2231.86 and 1088.65 are triggered.are triggered.














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Monday, January 17, 2022

Week Ending 1/15/22: Lumber hit vW's. Oil looks like wants higher and Bonds lower. Crypto testing 10 MA's

The S&P fighting between necklines for sizable patterns both ways.



The Russell just above necklines for vM's to 1997.1 and 1882.7 
Still has several longer term vW's from 2478.1 to 3059.5



Bonds look like they want lower.
If can't hold 187'15 expecting 182'12



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



Lumber has hit short and long term vW's 
Still has a bull flag to 1633.2 possible.



The Dollar fell this week. 
vM 94.195 is triggered and bull flag to 99.785 has been nulled.



Banks formed and triggered vW 44.32 and nulled vM's 36.00 and 34.44
vW's 41.36 hit and and vW 42.52 is triggered.



Bitcoin testing its 10 MA. vM's 39477.26 and 24792.99 are triggered.



ETH formed a vM to 1088.65
vM's 2732.47 and 2231.86 are triggered.



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Sunday, January 9, 2022

Week Ending 1/7/22: 10 Year Yield breaking out

 The S&P hit vM 4691.25
Has formed and triggered vM to 4494.25
Longer term vW's from 4875.75 to 4960 are still triggered.



The Russell continues to look weaker then other indices.
Has short term vM's to 1997.1 and 1882.7 that are close to triggering.
Still has several longer term vW's from 2478.1 to 3059.5



Bonds fell this week. 
If can't hold 187'15 expecting 182'12



The 10 year yield broke out, nulling vM's lower
and triggering yields as high as 3.167%



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.



Lumber looks like it wants 1320.3
and if breaks above that it'll likely test ATH's



The dollar has been trading sideways. 
See if heads towards vM 94.195 or bull flag to 99.785



Banks formed and triggered vW 44.32 and nulled vM's 36.00 and 34.44
vW's 41.36 and 42.52 are also triggered.



Bitcoin fighting with necklines for patterns both ways.
vM from 39477.26 to 19747.81 are triggered.



Ethereum hit 3041.34and has so far bounced. See if holds, 
otherwise expecting 2732.47 and if can't hold prior lows there, 
expecting 2231.86
Still has vW's to 5090.90 and 6536.27 if remains above 1700






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Tuesday, January 4, 2022

Week Ending 12/31/21: S&P new ATH's

 The S&P made new ATH's. 
vW's from 4875.75 to 4960 are triggered.
Formed small vM 4691.25



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.



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



10 year battling between short term necklines.



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



Copper close to untriggereing vM's from 3.5870 to 3.3340



Oil testing 50 ma.



Lumber hit vW 1163.6and has so far been resistance area. 
If breaks out above 1172.2 we'll be expecting 1286.6 to 1320.3



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 fighting with necklines for patterns both ways.



Ethereum forming vM's but battling between necklines.
Still has vW's to 5090.90 and 6536.27 if remains above 1700




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