XJO 0.84% 8,295.1 s&p/asx 200

3rd & final week of big Spx earningsNot as big as last week but...

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    3rd & final week of big Spx earnings
    Not as big as last week but bigger than the first

    It is the biggest week for US small caps coming up
    We had a small taste this week but nothing compared to the week coming up

    I'm happy with the xvi/vix movements, although they're not doing enough to push indices higher (yet)
    Bears still stubbornly holding positions
    Xvi/vix reaching resistance so this last push needs to fomo on monday or more sell absorbing is needed again next week to prevent a major dump

    XJO now moves into the 7330 & 7390 fences (this chart I haven't posted as it has too many lines. Sorry. Haha)
    Uptrend remains intact with a 7330 backtest monday (blue arrow)
    We should've done this Friday but we try again Monday now
    Bears still haven't conceded 7360 yet so I'm not that excited about last night (were those few points above the red line enough to make bulls push?)
    Needs to clear that red line on my chart & do the green arrow
    That's where I assume bears try regroup next but that's not market top (well it shouldn't be)

    Bears have finally conceded on the hrly chart but we need bulls to make a strong appearance now
    As soon as bulls throw in the towel, another short opportunity presents itself

    AUD finally positioned for a multiple week run
    Bears failed their last attempt to hold a trend
    Now it's the bulls turn to try again
    Anything that can stick should convince bulls to push up

    10yr bond yields also favouring the bulls
    (apparently I can only add 3 charts so these last indicators not posted)

    Actually nearly every indicator looks to be favouring the bulls except the indices are refusing to push up
    That march dump must've been worse than I originally thought
    https://hotcopper.com.au/data/attachments/5234/5234335-1b3d9b289d4b09117b7656d50795ffb2.jpg
    https://hotcopper.com.au/data/attachments/5234/5234338-4ac23ed684b1645ab6fa72cc137abf33.jpg
    https://hotcopper.com.au/data/attachments/5234/5234341-2af293306fd2b834c0a678c4c30373cb.jpg
 
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