Author Archives: Mark Rivest

Dramatic Move Down – 01/20/26

There was a New Moon on 01/18/26. Sometimes markets can turn on New/Full Moons plus or minus two trading days.  Usually, one of the main U.S. stock indices; S&P 500, Nasdaq Composite or Dow Jones Industrial Average register lunar turn signals.   In this case the Russell 2000 – small cap index made a post AprilContinue reading “Dramatic Move Down – 01/20/26”

Ending Diagonal Triangle – Part Two – 01/16/26

The 01/15/26 blog illustrated that S&P 500 (SPX) could be forming an Elliott wave – Ending Diagonal Triangle from the 11/21/25 bottom.  This pattern is still valid and could be completed on 01/20/26. The SPX one – hour chart courtesy of Trading View illustrates the development since 11/21/25. The 01/15/26 blog speculated the Ending DiagonalContinue reading “Ending Diagonal Triangle – Part Two – 01/16/26”

Ending Diagonal Triangle Update – 01/15/26

The 01/08/26 blog “Upside Target Reached – 01/08/26” illustrated that the S&P 500 (SPX) could be forming an Elliott wave – Ending Diagonal Triangle.  This pattern is still the highest probable wave count, however with a change of the internal wave structure.    The SPX one-hour courtesy of Trading View illustrates the updated wave count.Continue reading “Ending Diagonal Triangle Update – 01/15/26”

Sentiment – U.S. Stock Market – January 2026

Market sentiment can be measured in two ways; bets made by traders such as Put and Call options, or by polling.  Market Vane began polling market opinions in 1964. Their Bullish Consensus is the degree of bullish sentiment for a particular market. The Bullish Consensus is compiled by tracking the buy and sell recommendations ofContinue reading “Sentiment – U.S. Stock Market – January 2026”

Momentum for U.S. Stocks – 01/09/26

The release of the monthly U.S. Non-Farm Payroll report at 8:30 AM – EDT on 01/09/26 triggered a rally in U.S stock Futures.  When the cash S&P 500 session began there was a five – minute rally followed by a 30 – minute decline.  After that drop the S&P 500 rallied to a new all-timeContinue reading “Momentum for U.S. Stocks – 01/09/26”

Upside Target Reached – 01/08/26

Several of this website’s blogs have noted the S&P 500 (SPX) had potentially significant Fibonacci resistance at 6,958.48.  On 01/07/26 SPX peaked at 6,965.69. The 30- minute SPX chart courtesy of Trading View updates the action. The presumed Elliott wave – Ending Diagonal Triangle from the 11/21/25 bottom could be complete.  The 30 – minuteContinue reading “Upside Target Reached – 01/08/26”

Intraday S&P 500 – Elliott Wave Count – 01/02/26

There are always alternate Elliott wave counts. One S&P 500 (SPX) path points to potentially important resistance. The 30-minute SPX chart courtesy of Trading View shows a possible Elliott wave count.  The SPX 12/26/25 to 01/02/26 decline has two Elliott wave interpretations.  The entire drop could be a correction of the prior uptrend.  Specifically, anContinue reading “Intraday S&P 500 – Elliott Wave Count – 01/02/26”

Important S&P 500 – Point for January 2026

Markets can sometimes have significant turns on or near the cusp of a new year.   What happened with the S&P 500 (SPX) in December 2025 could be the inverse of what happened in December 2018. The daily SPX chart courtesy of Trading View illustrates what happened late 2018 and early 2019. From October to DecemberContinue reading “Important S&P 500 – Point for January 2026”