Mark Rivest

Long – Term U.S. Stock Market Sentiment – June 2026

The Market Vane Bullish Consensus is a contrarian sentiment indicator that tracks the buy and sell recommendations of market professionals. High percentage readings come near bull market peaks, low readings near bottoms. For the S&P 500 readings, over 65% generally indicate a peak could be forming, 35% or lower signal an approaching bottom. Bullish consensusContinue reading “Long – Term U.S. Stock Market Sentiment – June 2026”

Sector Analysis of the S&P 500 – June 2026

State Street Investment Management has Exchange Traded Funds (ETF) focusing on eleven – S&P 500 (SPX) sectors. An examination of six sectors reveals fascinating momentum data for the broader U.S. stock market. Daily charts courtesy of Trading View examines the three most bullish sectors; Industrials (XLI), Materials (XLB), and Technology (XLK). On 06/18/26 only oneContinue reading “Sector Analysis of the S&P 500 – June 2026”

The First Tracks of a Looming Bear Market?

S&P 500 (SPX) Elliott wave count since 06/02/26 could be the beginning of a bear market. The SPX – 30 – minute chart courtesy of Trading View updates the chart illustrated in the 06/11/26 blog “S&P 500 – Short Term Elliott Wave Count – 06/11/26” The presumed five waves down from 06/02/26 to 06/09/26 couldContinue reading “The First Tracks of a Looming Bear Market?”

Micron Technology Inc. Update – 06/18/26

The 05/28/26 blog “Massive Rally of Micron Technology Inc.” illustrated that Micron Technology Inc. (MU) had a rally of 207% from its 03/31/26 bottom. Amazingly MU continues to climb. The daily MU chart courtesy of Trading View updates the action. As of 06/18/26 MU has risen an incredible 271% from its 03/31/26 bottom! Daily RSIContinue reading “Micron Technology Inc. Update – 06/18/26”

Crude Oil Update – 06/16/26

The 06/13/26 blog “Crude Oil Trendline Watch – June 2026” illustrated that a break below 80.00 could be a signal for a move down to 55.00. The daily Crude Oil chart (CL2!) courtesy of Trading View updates the action. On 06/15/26 the rising trendline was broken. On 06/16/26 Crude Oil went below important support atContinue reading “Crude Oil Update – 06/16/26”

Gold Update – 06/15/26

This website prior blog had noted Gold in U.S. dollars could reach Fibonacci resistance at 4,363.52. Today 06/15/26 Gold’s high was 4,369.48. The four – hour Gold chart courtesy of Trading View updates the action. When using Fibonacci analysis two or more Fibonacci coordinates increase the chances of a potential support/resistance zone. The 06/14/26 blogContinue reading “Gold Update – 06/15/26”

Could Gold be in the Middle of a Bear Market?

From late 2025 to early 2026 both Gold and Silver were in spectacular bull markets. From October 2025 to January 2026 Gold climbed 44.5%, Silver climbed 168.7%! The 02/01/26 blog “Silver Crash – January 2026” noted that silver probably made a bull market peak on 01/29/26. Gold peaked on the same day. Since then, bothContinue reading “Could Gold be in the Middle of a Bear Market?”

Crude Oil Trendline Watch – June 2026

The 04/18/26 blog “Collapsing Crude Oil? – April 2026” illustrated the bullish and bearish scenarios for Crude Oil. Since then, Crude Oil has trended sideways. Weekly momentum implies a multi-month downtrend may have begun. The weekly Crude Oil (CL2!) chart courtesy of Trading View shows the long-term picture. Weekly MACD has a bearish line cross.Continue reading “Crude Oil Trendline Watch – June 2026”

S&P 500 – Short Term Elliott Wave Count – 06/11/26

An important short-term S&P 500 (SPX) peak could be made on 06/12/26 The SPX -30 – minute chart courtesy of Trading View illustrates the intraday action. The SPX 06/02/26 to 06/09/26 decline took the form of an Elliott Impulse pattern. If so, this could be the first wave of a larger five – wave patternContinue reading “S&P 500 – Short Term Elliott Wave Count – 06/11/26”

Record of Diminishing Fear

Since the 2020 Covid crash S&P 500 (SPX) bear markets have gotten progressively smaller. The monthly SPX chart courtesy of Trading View reveals a fascinating phenomenon. Durning the 2020 Covid crash SPX declined 35.4%. The 2022 bear market declined 27.5%. The 2025 bear market fell 21.3%. The 2026 decline was only 9.8%. The bulls haveContinue reading “Record of Diminishing Fear”