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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