Mark Rivest

Additional S&P 500 – Support Zones – Part Two

A main aspect of the Strat method is that a break of the high/low of the prior bar could target the high /low of the next prior bar. The quarterly – three-month S&P 500 (SPX) chart courtesy of Trading View illustrates a potential major break point. The next quarterly bar bottom is at 6,177.97, aContinue reading “Additional S&P 500 – Support Zones – Part Two”

Additional S&P 500 – Support Zones

All markets go through a cycle of growth and rest. Unending growth is not possible, at some point there’s needs to be rest, in terms of a stock market the “rest’ is a decline. Sometimes events outside the domain of normal economic activity could increase the depth of a stock market decline. The Covid crisisContinue reading “Additional S&P 500 – Support Zones”

Five – Year Analysis of the S&P 500

Weekly S&P 500 (SPX) momentum oscillators point to an approaching bottom. The weekly SPX chart courtesy of StockCharts.com illustrates the action since 2021. The weekly Slow Stochastic has already gone below the level achieved at the April 2025 bottom and is the second most oversold reading in five – years. A case could be madeContinue reading ” Five – Year Analysis of the S&P 500″

Resistance at the 200 – Day Moving Average – March 2026

The 03/07/26 blog “S&P 500 – Support Zone – March 2026” noted “If the SPX trends down, there’s a good chance a bottom could be made in the 6,550 to 6,470 area”. The 03/21/26 blog “S&P 500 – Support Zone Reached – 03/20/26” noted “On 03/20/26 the S&P 500 (SPX) bottomed out at 6,473.52”. TheContinue reading “Resistance at the 200 – Day Moving Average – March 2026”

The Case for Higher U.S. Interest Rates – March 2026

The 03/14/26 blog “Update U.S. 30 – Year Treasury Yield – Elliott Wave Count – 03/13/26” illustrated that the U.S. 30 – Year Treasury Yield (TYX) had probably completed a multi- year Elliott wave – Horizontal Triangle. The weekly TYX chart courtesy of Trading View updates the action. During the week of 03/16/26 to 03/20/26Continue reading “The Case for Higher U.S. Interest Rates – March 2026”

S&P 500 – Support Zone Reached – 03/20/26

The prior blog “Near the S&P 500 – 200 – Day Moving Average” noted, “Using the SPX – 200 – day SMA with daily RSI and potential Fibonacci support could identify at least a short- term bottom sometime in the next two weeks”. The support zone was 6,550 to 6,470. On 03/20/26 the S&P 500Continue reading “S&P 500 – Support Zone Reached – 03/20/26”

Near the S&P 500 – 200 – Day Moving Average

In the next one or two trading days the S&P 500 (SPX) could touch or break the 200 – day Simple Moving Average (SMA) line. The daily SPX chart courtesy of Trading View illustrates the action since November 2024. Please note that the last time the SPX was approaching the 200 – day SMA wasContinue reading “Near the S&P 500 – 200 – Day Moving Average”

Update U.S. 30 – Year Treasury Yield – Elliott Wave Count – 03/13/26

The 02/14/26 blog “U.S. 30 – Year Treasury Yield – Elliott Wave Count – 02/13/26” speculated that the U.S. 30 – Year Treasury Yield (TYX) may have completed a multi – year Elliott wave – Horizontal Triangle. TYX continued to decline, invalidating the short-term wave count. Longer – term the Horizontal Triangle is still theContinue reading “Update U.S. 30 – Year Treasury Yield – Elliott Wave Count – 03/13/26”

Wild Ride for Crude Oil – March 2026

The 03/08/26 blog “Long-Term View of Crude Oil – March 2026” speculated that Crude Oil could reach a potential price resistance around 99.00 to 108.00. The time zone was two – weeks. Crude oil reached and exceeded this zone in less than four – trading hours. The monthly Continuous Crude Oil chart courtesy of TradingContinue reading “Wild Ride for Crude Oil – March 2026”

Long-Term View of Crude Oil – March 2026

Last week Crude Oil spiked up over 30%. Long-term analysis puts this move in perspective. The monthly continuous futures chart – Trading View symbol “CL2!” illustrates the action back to 2006. During early 2022 price went 25% above the upper Bollinger Band. Currently Crude Oil is only 9% above the upper Bollinger Band. In 2008Continue reading ” Long-Term View of Crude Oil – March 2026″