Sunday, August 25, 2024

Week Ending 8/23/24: S&P and the Dow close to ATH's

/ES has formed and triggered vW's above 6K.


/RTY has formed vM to 1717.2 as well as vWs 2184.9 and 2240.5
vW 2363.7 is currently triggered unless we make new lows.


Bonds rose above the head last week for vM's 116'07 and 100'26 
but didn't close above so aren't nulled yet.
MACD looks like could be turning negative.


Gold looks like it wants higher. 
vW to 2929.7 is triggered and bull flag to 2962 is still intact.
Several short term vW's from 2596.3 to 2637.6 are triggered as well.


The Dollar has hit vM 101.440 and  triggered vM's 100.175 and 93.310.


The XLF made new ATH's.
vW's from 44.96 to 55.34 are triggered.


Bitcoin hit vM 56,833 and so far bounced.

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