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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