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Are Oil Bulls Out of Time? – Part – Two
In the 08/30/26 blog “Are Oil Bulls Out of Time?” it appeared that Crude Oil may have completed or was close to completion of an Elliott wave – Inverse Horizontal Triangle. The blog noted that a move above the 08/21/26 peak at 85.46 was bullish. This movement did happen and invalidated the presumed Inverse Horizontal…
Watching the Trend Lines – September 2026
Recently many U.S. stocks have been in a sideways channel. A trend line break could provide an important signal. The daily charts of S&P 500 (SPX), Financial sector – ETF (XLF), and Technology sector – ETF (XLK) examines their relationship. After the late March to June- XLK led the U.S. stock market with an amazing…
Shanghai Composite Long -Term Forecast
Recently views of this website in the Peoples Republic of China have greatly increased. Welcome! Today’s blog focuses on the long – term Elliott wave count for the Shanghai Composite index and what may develop in the next few years. The monthly chart for the Shanghai Stock Exchange Composite Index – SSE – Trading View…
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