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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