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Important Support Levels – July 2026

On 07/23/26 S&P 500 (SPX) decline 1.20% if the decline is to continue there are two important support levels that need to be broken. The first support level is illustrated in the daily SPX chart courtesy of Trading View.  SPX on 07/23/26 went marginally below a Fibonacci .618 retrace of the 06/26/26 to 07/15/26 rally. …

  Amazing Lunar Cycles – May to July 2026

Sometimes markets can make turns at New or Full Moons plus or minus two trading days. From May to July 2026 four of the five lunar cycles have signaled S&P 500 (SPX) turns. The SPX – 4 – hour bar chart courtesy of Trading View illustrates the phenomenon. The 05/18/26- New Moon was one trading…

  The Triangle of Death – Part Two

The large drop of U.S. stocks on 07/17/26 implies an important peak may have been made on 07/15/26. This website’s prior blog illustrated S&P 500 (SPX) could be completing an Elliott wave – Ending Diagonal Triangle (EDT) from the 06/09/26 bottom.  There are always alternate Elliott wave counts.  Today’s blog illustrates two alternate counts. The…