Volatility for Week-Ending August 7, 2020

Index re S&P500 (VIX) down for week below 200MA medium-term support

Stock Market for Week-Ending August 7, 2020:

S&P500 (SPY) up for week to 5 up to overhead re February all time high 

NASDAQ-100 (QQQ) up for week to an all time high inside upper half of 4 month ascending channel

Smallcap Index (IWM) up for week to a 5 week high moving above 7 week ascending triangle 

Fixed Income for Week-Ending August 7, 2020:

10-Year Treasury Yield (TNX) up to .56% inside 8 week falling wedge

TIPS Inflation Protection (TIP) up for week to an all time price high  

Corporates-Investment Grade (LQD) up for week near an all time price high

High Yield Corporates (HYG) down into long-term support/resistance Mar'19 - Aug'20  

Commodities for Week-Ending August 7, 2020

Gold (GLD) up for week setting an all time high price

Copper (CPER) down falling below 4 week descending triangle

Agriculture Commodities (DBA) down for week holding near 4 month high  

WTI Crude Oil (USO) up but still drifting in a tight-range box consolidation near a multi-year low

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