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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