June End of Week 2

Not much was resolved this week, as we grind along in this channel of ours.
The S&P (and in turn, the SPY) registered the highest close of this range, but the volume was practically non-existent.
Here are the weekly charts:
RussellDowJonesNasdaq
And the S&P500Today's activity in SPY was purely sideways, until late in the day where we got two errant TICKs in both directions, with zero follow-through.This 15-min chart illustrates how unwilling price is to have any bearish tones. When our 20- & 50-EMA's crossover to a bearish orientation, they quickly recover (within the same day even!).And, yet again, we are left within this range of ours.

June End of Week 1

The Nasdaq looks itching to fill the gap left from October '08.Nothing too bearish looking in the S&P500 chartDitto for the Dow
And the Russell2000 has been on fire (we are currently in a purely speculative environment after all).
Treasuries fell out of bed this weekGold corrected today, to end the week down, giving the chart some dark-cloud cover
The Dollar rallied these past three days, ending the week green. Perhaps a rally in the cards? There's a confluence of moving averages clustering around each other, while price put in a slightly higher low and momentum put in a lower low, which has good potential for a "Slingshot" setup.Should the Dollar rally from here it could portend a correction in Oil, as it ended it's 3rd consecutive up-week, while printing a spinning top/doji star.