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Post Triangle Thrust Up – 09/21/26
This website’s prior blog illustrated that the technology stock ETF (XLK) may have begun a post Horizontal Triangle thrust up. Today 09/21/26 XLK blasted upwards. The daily XLK chart courtesy of Trading View updates the action. The bullseye termination point is 214.35. This movement is probably an Elliott fifth wave and confirmation is just one…
U.S. Technology Stocks Surging to New Highs?
On 06/03/26 the technology stock ETF (XLK) reached its all-time high. After 06/03/26 – S&P 500 (SPX) continued to make new highs and reached their peak on 08/13/26. The bearish divergence of XLK to SPX is significant because technology stocks have been strongest sector of the U.S. bull market that began in April 2025. SPX…
Crude Oil Turning Point?
The 08/16/26 blog “Crude Oil Near-Term Target – 95.00” noted Crude Oil’s broad resistance area was 95.00 to 100.00. The 09/12/26 blog “Crude Oil Reaches – 100.00” noted “On 09/11/26 Crude Oil reached 100.03, almost the exact level of the 05/18/26 peak of 100.10.” Also noted, “Another price spike up from current levels could quickly…
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