Sunday, July 28, 2024

Week Ending 7/26/24:Russell, Dow , XLF outperformed while Nasdaq and MAG 7 took hits.

 /ES hit 5452.5 and retraced alot of the gap 5427.5 but didn't fill it. 
Has formed vM to 5202.75 and vW 5607.5


/RTY has a bull flag formed to 2523.3 and vW to 26426 is triggered.
Also has smaller patterns both ways.


Bonds still basically sideways with patterns in both directions.


Gold just missed vW 2497.7
Has formed vM's to 2318.1 and 2225.1


Oil is under it's ma's and the 10 ma is now under the 50 and 200 ma's.
Several vM's across different time frames arre triggered.


The Dollar has been moving sideways along with its ma's.


XLF has formed a bull flag to 46.11 if can break above 44.11
vW's from 45.57 to 55.34 are triggered.


Bitcoin has patterns both ways, but is near ath's.
If can break above ath's vW to 119,960 will be triggered.


MAGS gapped down and hit vM 44.02.
vM to 41.58 is triggered.
vM to 36.58 has formed.

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