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Are Oil Bulls Out of Time?
The 08/16/26 blog “Crude Oil Near-Term Target – 95.00” noted “Momentum and Elliott wave structure imply Crude Oil could reach 95.00 in early September 2026”. Since then, price has risen, yet not as robust as expected. Seasonal and fundamental factors could soon bring downward pressure on price. The WTI Crude Oil Futures Seasonality chart courtesy…
Emotional Spike Up – 08/28/26
U.S stocks on 08/28/26 had a sharp spike up followed by a deep decline. This movement could mark an important secondary peak. The 15 – minute S&P 500 (SPX) chart courtesy of Trading View shows what’s happened with this index since it’s all-time high on 08/13/26. The SPX move to marginal to a new low…
In the Lunar Zone – August 2026
The 08/22/26 blog “First Wave Down – 08/21/26” noted “The “buy the dip” stock bulls of 2026 probably view the recent drop as another great opportunity and could push SPX up to the 7,740 to 7,760 area.” This target zone has been reached. An important secondary peak could occur on 08/27/26 or 08/28/26. The hourly…


