Welcome to Four Dimension Trading.
f
Get new content delivered directly to your inbox.
Nasdaq New Highs Minus New Lows – 10/30/26
Since their all-time highs the three main U.S. stock indices have declined as follows. S&P 500, down 3%. Dow Jones Industrial Average, down 5%. Nasdaq Composite (IXIC), down 8%. The main reason IXIC is down the most is because of the technology sector. As of 10/30/26 the Technology sector ETF – XLK was down 11%…
Gaps Down and New All-Time Highs
On 10/30/26 two of the three main U.S. stock indices gapped down while three S&P 500 sectors made new all-time highs. This unusual combination implies near term bullishness for U.S. stocks. The daily S&P 500 (SPX) and Nasdaq Composite (IXIC) charts courtesy of Trading View show their relationship since July 2026. Their moves down on…
Elliott Wave Update – 10/30/26
The 10/29/26 blog “Elliott Wave Examination of Two U.S. Stock indices” illustrated that the S&P 500 (SPX) could be forming an Elliott wave – Horizontal Triangle. That pattern could still be forming. However, the SPX gap down on 10/30/26 has changed the configuration. The daily SPX chart courtesy of Trading View updates the Elliott wave…
