Monday, June 17, 2024

Week Ending 6/14/24: (Published Monday AMC) S$P and NAsdaq made new highs while Dow and Russell Sideways. NVDA split.

 /ES gapped up and made new ath's again.
Gap fill would be 5427.5
vW's from 5529.5 to 6045 are triggered.


/RTY  is below all dma's
Has short term patterns both ways. 
MACD has turned negative.



/NQ gapped up making new highs and hit vW 19880.75.


/YM hit vM 37671 and is currently testing all ma's which are convered.
vM's to 38115 and 36764 will be triggered below 38800.


Bonds rallied above all ma's hitting vW 128'30.
Short term vW's to 131'02 and 133'14 are triggered.


The 10 year looks like it wants 3.931%, 
which will trigger vM to 3.224%



Tuesday, June 11, 2024

Week Ending 6/7/24: S&P and NAsdaq made new aths nut the Dow and Russell looking ugly. Gold and Oil below major dma's

 /ES has made new ath's again.
Has formed short term vM to 5311.75
vW's to 5529.5 to 6045 are triggered.


/RTY  is below all dma's
Has short term patterns both ways. 
MACD has turned negative.


Bonds rallied for the week but closed back below the 200 dma.
dma's construction looks bullish unless price drops heavily.


Gold fell heavily Friday triggering vM to 2190.9
and dipping below the 50 dma.


Oil hit vM's to 76.78 and 74.42 hit.
Is currently below all dma's 
Has longer term patterns both ways.


Bitcoin has retaken all dma's with bullish MACD. 
Has a W to 77302 and vW to 78654 is triggered.
Formed vW to 87152