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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…
Spring Bottoms – Summer Peaks
Broad U.S. stock market seasonals patterns usually have peaks in April or May then a decline into October. The old saying “Sell in May and go away”. There are of course exceptions to this broad pattern. Two fascinating instances could provide clues to what may happen later in 2026. The weekly Dow Jones Industrial Average…
First Wave Down – 08/21/26
This website prior blog noted. “SPX is declining in a clear Elliott – Impulse pattern. If so, this could be the first wave down of a larger developing five wave pattern.” The S&P 500 (SPX) rally on 08/21/26 confirms this five-wave pattern is complete and could be just the start of a multi-week decline. The…
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