A multi-month rally in U.S. interest rates may have begun. The 05/16/26 blog “Long – Term Yields Near Major Double Top” noted that U.S. Treasury 30- year bond yields (TYX) were close to moving above a double top at 5.15 made in October 2023 and May 2025. On 05/19/26 TYX broke above 5.15, reaching 5.20. Continue reading “Rising U.S. Interest Rates – August 2026”
Author Archives: Mark Rivest
Buying the Dips
Late in the 07/29/26 trading session U.S. stocks had a sharp and deep decline. On 07/30/26 bulls relentlessly pushed stock indices higher. Early in the 07/31/26 main session stocks peaked then had another sharp drop. It looked like the bears had taken control, yet before the first hour of the session was complete bulls beganContinue reading “Buying the Dips”
Suspicious All-Time High – 07/28/26
Sometimes markets can have significant turns on or near Full/New Moons plus or minus two – trading days. There was a Full Moon on 07/29/26, On 07/28/26 the NYSE Composite (NYA) made an all-time high. However, this high could soon be exceeded. The daily NYA chart courtesy of Trading View illustrates the action since lateContinue reading “Suspicious All-Time High – 07/28/26”
Setup for a Dynamic Decline – July 2026
S&P 500 (SPX) short – term Elliott wave pattern implies a large drop developing. The SPX – 4-hour bar chart courtesy of Trading View illustrates the intraday action since late April 2026. The patterns since the 07/15/26 peak appears to be an Elliott wave series of “one’s” and “two’s” which are usually the prelude strongContinue reading “Setup for a Dynamic Decline – July 2026”
The New Leader for U.S. Stocks?
In recent weeks Financial stocks have been the most bullish U.S. stock market sector. This rally could be the last gasp of a dying bull market. The daily charts of State Street – Financial Sector (XLF) and State Street – Technology Sector (XLK) courtesy of Trading View illustrate their relationship. Technologies have been the trueContinue reading “The New Leader for U.S. Stocks?”
Important Support Levels – July 2026
On 07/23/26 S&P 500 (SPX) decline 1.20% if the decline is to continue there are two important support levels that need to be broken. The first support level is illustrated in the daily SPX chart courtesy of Trading View. SPX on 07/23/26 went marginally below a Fibonacci .618 retrace of the 06/26/26 to 07/15/26 rally. Continue reading “Important Support Levels – July 2026”
Amazing Lunar Cycles – May to July 2026
Sometimes markets can make turns at New or Full Moons plus or minus two trading days. From May to July 2026 four of the five lunar cycles have signaled S&P 500 (SPX) turns. The SPX – 4 – hour bar chart courtesy of Trading View illustrates the phenomenon. The 05/18/26- New Moon was one tradingContinue reading ” Amazing Lunar Cycles – May to July 2026″
The Triangle of Death – Part Two
The large drop of U.S. stocks on 07/17/26 implies an important peak may have been made on 07/15/26. This website’s prior blog illustrated S&P 500 (SPX) could be completing an Elliott wave – Ending Diagonal Triangle (EDT) from the 06/09/26 bottom. There are always alternate Elliott wave counts. Today’s blog illustrates two alternate counts. TheContinue reading ” The Triangle of Death – Part Two”
The Triangle of Death – July 2026
S&P 500 (SPX) could be forming an Elliott wave – Ending Diagonal Triangle that could be the death of the bull market that began in April 2025. The one – hour SPX chart courtesy of Trading View illustrates the intraday action since late May 2026. Elliott wave Ending Diagonal Triangles (EDT) are termination patterns thatContinue reading “The Triangle of Death – July 2026”
Conflicting Momentum Indicators – July 2026
As we enter mid – July 2026 two U.S. stock market momentum indicators are giving conflicting messages. First a look at the Advance/Decline (A/D) line which has a long history of forecasting significant U.S. stock market turns. The A/D line peaks prior to stock index ultimate peaks, creating a bearish divergence. At significant bottoms theContinue reading “Conflicting Momentum Indicators – July 2026”