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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…
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…
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