Friday, April 29, 2022

Week Ending 4/22/22:

The S&P fell heavily Thursday and Friday erasing gains. 
Needs to hold 4100 area, otherwise could see further selling to 4124.75



The Russell feel the end of the week as well. 
Needs to hold 1883, otherwise expecting 1756.6



Bonds traded sideways, but ended up down .62% for the week.



Gold is testing the neckline for vM 1713.7



Oil has been trading in a wedge. 
Has vM's to 87.12, 84.12 and 55.59 
and vW's to 116.43 and 123.13
























 

Sunday, April 24, 2022

Sunday, April 3, 2022

Week Ending 4/1/22: Some shorter term yields are higher than longer term.

 The S&P has vw's triggered from 4649.5 to 5057.5



The Russell has several short term vW's triggered.



Bonds were back and forth in intra-day trading, but closed up for the week.



The 10 year yield hit several vW's higher. Has formed short term patterns in both directions.



Oil has corrected over 25% from its highs.
has formed vM's to 87.12, 84.12 and 55.59 



Lumber has been trading sideways and hit vM 936.1
Has formed and triggered vM to 543.9



The Dollar has been trading sideways. 
If breaks recent highs it has formed a bull flag to 102.880



XLF hit vM 38.06
Has formed and so far triggered vM 37.02



Bitcoin rallied nulling vM 22002.42
vW to 51514.26 is triggered.








Week Ending 3/18/22: Commodities blow off top???

 The S&P Rallied this week.
Needs to hold 4101.75 to  
avoid breaking W to 5057.5 
and triggering vM to 3713.75




The Russell has several short term vW's triggered.






The 10 hit longer term vW's 2.095% and 2.223%
Short term vW's from 2.355% to 2.439% are triggered.



Gold jumped above vW 2038.6 and fell back 
below after a big run since Febuary.
Formed vW 2455.2 and still has large patterns both ways.



Oil has corrected over 25% from its highs.
has formed vM's to 87.12, 84.12 and 55.59 



The Dollar trade down this week. 
If breaks recent highs it has formed a bull flag to 102.880



















Sunday, March 13, 2022

Week Ending 3/11/22: Indices traded sideways and need to hold recent lows. Commodities blow off top???

 The S&P needs to hold 4101.75 to  
avoid breaking W to 5057.5 
and triggering vM to 3713.75



The Russell went sideways along it's 10 ma.
Has good size,  short term patterns both ways.
Has formed a larger vM to 1429. 
Needs to hold recent lows!



Bonds have formed and triggered vM's from 172'26 to 154'16



The 10 year yieldjumped this week. 
Has vW's from 2.095% to 3.167% that are triggered.



Gold jumped above vW 2038.6 and fell back 
below after a big run since Febuary.
Formed vW 2455.2 and still has large patterns both ways.



Oil jumped the last couple weeks and is now 15% off highs.
Has formed vM's to 87.12 and 84.12



Lumber nulled vM 609.2 but hell heavily after and has formed vM to 936.1



The Dollar performed opposite of commodities and looks like wants higher.
vW's from 99.975 to 105.515 are triggered.



XLF has broken January lows.
vM 35.14 and 32.60 are triggered.



Bitcoin fell through vM 37421.80 but didn't break Jan lows.
Has formed short term vM to 22002.42
Also note that it has untriggered longer term vW's higher.



Bitcoin rallied this we as continues sideways.
Has formed short term vM to 22002.42
















Sunday, March 6, 2022

Week Ending 3/4/22: Copper and gold rallying.

 The S&P needs to hold 4101.75 to  
avoid breaking W to 5057.5 
and triggereing vM to 3713.75



The Russell went sideways along it's 10 ma.
Has good size,  short term patterns both ways.
Has formed a larger vM to 1429. 
Needs to hold recent lows!



Bonds jumped this week, filled the gap, and closed back near highs.
VM's lower still triggered, but formed vW to 200'29 as well.



Copper jumped this week above vW 4.8665 and nulled several vM's lower.
Bull flag to 7.5050 could become a possibility.



Oil jumped hitting vW 105.08
vM's to 83.08 and 79.07 have been nulled.



Lumber climbed this week and has triggered vW's1621.5 to 2022.3



The Dollar jumped this week hitting 98.785 and nulling vM's 94.315 and 92.400
vW to 105.170 is triggered.



XLF nulled vW 45.98
vM's to 36.55 and 35.14 are triggered.



Bitcoin fell through vM 37421.80 but didn't break Jan lows.
Has formed short term vM to 22002.42
Also note that it has untriggered longer term vW's higher.





Sunday, February 27, 2022

Week Ending 2/25/22: Russia invaded Ukraine. Many stocks fell below Jan lows but have bounced creating several double bottoms.

The S&P  broke below Janurary lows on Thursday but had a strong rebound. 
Has formed and triggered vW's 4512.75 and 4649.5
If can maintain an uptrend, it has a double bottom to 5057.5



The Russell teste below Jan lows, but didn't close below.
Has short term patterns both ways.



Bonds attempted to rally this week but failed.
vM's 172'28 and 169'05 are triggered.



Gold hit vW 1964.5 and longer term vW 1958.4
vW to 2038.6 is triggered.



Oil jumped hitting vW 105.08
vM's to 83.08 and 79.07 have been nulled.



The dollar rallied above Jan highs, but closed below.



Banks hit short term vM 37.27, but had a big bounce.



Bitcoin fell through vM 37421.80 but didn't break Jan lows.
Has formed short term vM to 22002.42
Also note that it has untriggered longer term vW's higher.



ETH hit vM 2388.69 and formed short term vM to 1245.99
Like BTC, ETH has untriggered longer term vW's higher.