If the S&P 500 (SPX) soon declines, two methodologies could discover potential support zones. The weekly SPX chart courtesy of Trading View illustrates a possible Strat combo for the week of 07/07/25 to 07/11/25. The Strat method is very simple and can identify possible breakthrough points and potential targets areas. The method utilizes three priceContinue reading “Discovering Potential Support Areas”
Author Archives: Mark Rivest
Unusual Pre – Holiday Stock Trading – 07/03/25
When a major U.S. holiday occurs Monday through Friday the NYSE suspends trading for that day. Occasionally the day before or after the holiday could have a shortened trading day. The NYSE had shortened trading hours on 07/03/25 because Friday 07/04/25 was the U.S. Independence Day holiday. Shortened stock trading sessions usually have aContinue reading “Unusual Pre – Holiday Stock Trading – 07/03/25”
Pre-Holiday Stock Rally – 07/03/25
In a shortened pre – holiday session the S&P 500 (SPX) blasted up to new highs. Near – term U.S. stocks could climb higher. In the longer – term the post 04/07/25 stock rally is probably the termination phase of a secular bull market that began in March 2020. Prior blogs on this website illustratedContinue reading “Pre-Holiday Stock Rally – 07/03/25”
A Turn in the Tide? – 07/01/25
An important peak for U.S. stocks could be in place. The hourly S&P 500 (SPX) chart courtesy of Trading View updates the action. The 06/27/25 blog “It’s the Final Countdown!” noted that the SPX could make a new high and possibly peak in the first hour of trading on 06/30/25. The price range for aContinue reading ” A Turn in the Tide? – 07/01/25″
Trend Angles into the Final Countdown
The S&P 500 (SPX) rally since 04/07/25 has a steeper angle than any other rally in nearly three years. This action could be the sign of a blow off top. The daily SPX chart courtesy of Trading View examines the bull market since the significant bottom made in October 2022. The rally angle since 04/07/25Continue reading “Trend Angles into the Final Countdown”
Momentum into the Final Countdown
U.S. stock market momentum indicators imply a peak could be forming. The daily S&P 500 (SPX) chart courtesy of BigCharts.com examines external momentum. Momentum oscillators are like fuel gauges and can sometimes measure how far a market or a stock can move. The 06/23/25 blog “Reaction to Big News” noted. “BigCharts.com Slow Stochastic is veryContinue reading “Momentum into the Final Countdown”
It’s the Final Countdown!
On June 30, 2025, the S&P 500 (SPX) could complete the final wave of an Elliott pattern that began in March 2020. The 15 – minute SPX chart courtesy of Trading View examines the rally that began on 06/23/25. The fifth Minute degree wave of the presumed Elliott wave impulse that began on 06/23/25 couldContinue reading “It’s the Final Countdown!”
Fibonacci Resistance Zone
The S&P 500 (SPX) is near three important Fibonacci coordinates and could make a significant peak on 06/27/25. The weekly SPX chart courtesy of Trading View illustrates long – term Fibonacci resistance. Within Elliott motive waves there’s usually a Fibonacci relationship between the first and fifth waves. When measuring larger percentage movements, it’s usually moreContinue reading “Fibonacci Resistance Zone”
Five – Year Elliott Impulse Wave
The S&P 500 (SPX) could soon be completing a five – year Elliott Impulse wave that began in March of 2020. The weekly SPX chart courtesy of Trading View illustrates the long – term picture. The SPX could be completing a presumed Intermediate wave (5) up from the major bottom made in March 2020. AContinue reading “Five – Year Elliott Impulse Wave”
Reaction to Big News
The U.S. attack on the Iranian nuclear facility was HUGE news. Presumably the escalation of violence in the middle east could trigger a large global stock decline. It did not. The S&P 500 (SPX) opened the 06/23/25 session above the 06/20/25 session close, then rallied for 50 – minutes. During the subsequent decline SPX wentContinue reading “Reaction to Big News”
Four Dimension Trading 