12/10/15 WBA, WMT, AAPL

Stocks rose slightly along with the dollar and bonds.  Metals were down slightly.  Oil was down over 2%.  The Nikkei was down 1.3%.  Today was a rollover for many futures.

/ES came within 2 points(2034.25) of vM 2032.5.  Has vM to 1903.5 with a trigger below 2000, with a secondary vM to 1951 that will be triggered below 2040

Russell has vMs's to 1130 and 1110.6 

A break above 1208 nulls both.

IBB

Watch the dollar to see the double bottom continues to form.

Bonds continue to balance with ma's converging.

Gold forming double bottom if can hold 1045.4

Next support below is 975.9

Copper

Oil close to filling gap at 36.25 which may act as support.

Next targets below are 33.07 and then 18.93

WBA has vM's to 68 level inside a larger vW to 111.42

WMT has vM to 53.36 triggered.  See if can rise above the 50 ma.

AAPL has vM to 83.48 that has triggered.  Break above 134.54 nulls.

12/9/15

Stock indexed fell with the Russell and the Nasdaq leading the way.  The Nikkei was down over 2%. 

/ES was down about .75%.  Formed a bearish b to 2007.75, above 2079.75 nulls.

Russell has vM's to 1130 and 1110.6 triggered.  Above 1208 nulls.

Nasdaq was down almost 1.5%, triggering vM to 4336.5.  Break of new highs at 4739.5 nulls.

The Nikkei was down over 2%, and now below all ma's.

The XLF fell below its 50ma.

IBB was down 1.63%

The dollar has had a rough past several sessions and is now testing its 50ma.  It is also possibly forming a W pattern, however longer term macd's look negative.  See if can hold 50ma.

Bonds are coiling with the shorter term ma's converging with the longer term ma's

Oil has fallen below vM target price at 39.02 and is currently filling a gap at 36.25 which may act as support.  If breaks below $36, vM to $33.07 will be on the radar.  If $33 doesn't hold, a vM to 18.93 will be triggered.

Copper balancing.

12/6/15

On Friday equities rebounded from Thursday's selloff.  The dollar did not recover from Thursday, but oil saw no benefit falling over 2% flirting with $40 again.

/ES has big vM's and vM's in both directions.  A break above 2010.25 will null shorter timeframe vM's.  

/TF has a vW at 1205.9.  Has vM to 1130 if breaks recent lows.

/NQ hit vW target price at 4734 on Thursday making new highs before selling off.  Watch if can continue Fridays bounce and make new highs.

Nikkei testing 200ma

Watch for a break above $25, nulling shorter term vM's.

IBB

Bonds

The dollar is trading sideways after Thursdays HUGE move.

Gold fell hitting vM target price at 1054.9.  If this level doesn't hold, 975.9 up next.

Oil has vM to 39.06 and 33.07 that are triggered.  vM to 18.93 will trigger if price falls around $34.

Copper is well below 8/24 crash levels.  1.9653 on the radar.

11/18/15

Markets have had a nice rebound after selling off Thurs, Fri, and then opening down Sunday after the Paris attacks.  

Econoday Economic Report: Market Reflections November 18, 2015

/ES has a vW to 2094.75 triggered, which is at a GAP fill at 2093.25.  It has also back above it's 10ma.

/TF has similar setup as /ES

Nikkei 225 hit vW19912

11/13/15

Stocks sold off this week with several days down over 1%.   All indexes except the Nasdaq are below their 200ma's.

Econoday Economic Report: Market Reflections November 13, 2015

/ES was down over 1.3% and sitting just above a gap at 2011.25 and a vM to 2011.  It could not find support and its 200ma.  The 50ma is at 2000.

/ES larger time frame has a huge vM to 1571.5, and vW  to 2345.75 that have formed.  If the /ES can hold 8\24 crash levels and make new highs, the vM to 1571.5 will be nulled.  If the /ES does break below crash levels, the vM to 1571.5 will be triggered.

The Russell closed below its 50ma.  200ma is converging towards the 252ma.  vM to 1038.1 is triggered, which if hits will have triggered 849.1

 The Nasdaq is still above its 50ma.

Dow

Nikkei 225 just above 200ma

IBB tanked Thursday afternoon, printing a huge candle, hitting 311.64, then rebounding.

XLF 

$

Bonds trying to regain 10ma.

Gold fell into vM target price of 1075.7 this week.  See if can hold 1072.3

  

Oil likely to dip below $40 towards $39.02.  Next support is the gap at $36.25, then vM to $33.07, then $18.93 if cant hold $33.

Copper well below 8\24 crash levels.