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Upside Target Reached – 01/08/26
Several of this website’s blogs have noted the S&P 500 (SPX) had potentially significant Fibonacci resistance at 6,958.48. On 01/07/26 SPX peaked at 6,965.69. The 30- minute SPX chart courtesy of Trading View updates the action. The presumed Elliott wave – Ending Diagonal Triangle from the 11/21/25 bottom could be complete. The 30 – minute…
Intraday S&P 500 – Elliott Wave Count – 01/02/26
There are always alternate Elliott wave counts. One S&P 500 (SPX) path points to potentially important resistance. The 30-minute SPX chart courtesy of Trading View shows a possible Elliott wave count. The SPX 12/26/25 to 01/02/26 decline has two Elliott wave interpretations. The entire drop could be a correction of the prior uptrend. Specifically, an…
Important S&P 500 – Point for January 2026
Markets can sometimes have significant turns on or near the cusp of a new year. What happened with the S&P 500 (SPX) in December 2025 could be the inverse of what happened in December 2018. The daily SPX chart courtesy of Trading View illustrates what happened late 2018 and early 2019. From October to December…
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