Mark Rivest

Imminent Death Cross – 04/11/25

The S&P 500 (SPX) 50 – day- Simple moving average (SMA) is on the verge of crossing below the 200 – day SMA. This presumably bearish signal called the “Death Cross” could trigger more downside action. The daily SPX chart courtesy of Trading View shows what’s happening. A Death Cross could happen in one orContinue reading “Imminent Death Cross – 04/11/25”

Important Near- Term S&P 500 – Support/Resistance

The daily S&P 500 chart courtesy of Trading View updates the action. Most of the time important market turns are made with at least one momentum bullish/bearish divergence. The MACD and RSI readings are based on closing price. The lowest S&P 500 (SPX) closing price for the decline that began on 02/19/25 was made onContinue reading “Important Near- Term S&P 500 – Support/Resistance”

The 55 – Day Crash Phenomenon

There are two ways to use Fibonacci time analysis, ratios or sequence numbers. With ratios a market rally lasting 100 – days could be retraced in 61 – days. This is the Fibonacci ratio of 61/100 or .61. Sometimes market movements can be measured by numbers in the Fibonacci sequence. The Fibonacci sequence is asContinue reading “The 55 – Day Crash Phenomenon”

The Next Potential S&P 500 – Support Area

Today 04/07/25 the S&P 500 (SPX) bottomed out just above the SPX peak made in January 2022. Please see this website 04/06/25 blog. Assuming this bottom does not hold, there’s another support area that could be reached next week. The daily SPX – Point & Figure chart courtesy of StockCharts.com illustrates a possible support area.Continue reading “The Next Potential S&P 500 – Support Area”

Sentiment and Momentum for U.S. Stocks at Amazing Levels

The daily VIX chart courtesy of Trading View illustrates long term sentiment. The VIX, which is also referred to as the fear index, is very effective identifying S&P 500 (SPX) bottoms. VIX spikes up correspond to SPX spikes down. The big question, how high do the VIX spikes go before the SPX bottoms? The RSIContinue reading “Sentiment and Momentum for U.S. Stocks at Amazing Levels”

S&P 500 – Price and Time Targets Hit!

The 03/16/25 blog “Forecast – S&P 500 Intermediate Bottom – 04/03/25” illustrated that the S&P 500 (SPX) could bottom around the 08/05/24 mini crash bottom 04/03/25 or 04/04/25. The 08/05/24 bottom was at 5,119.26, the low SPX low on 04/04/25 was 5,069.90. Evidence from SPX momentum oscillators reveal clues to what could soon happen. TheContinue reading “S&P 500 – Price and Time Targets Hit!”

Sell on the Tariffs

The S&P 500 (SPX) rallied most of the 04/02/25 session in anticipation of U.S. President Trump’s tariff speech just after 4:00 PM – EDT. Minutes after the speech began the S&P 500 – Futures went into a huge decline that soon wiped out all the SPX 04/02/25 gains. What were the bulls thinking prior toContinue reading “Sell on the Tariffs”

Alternate Time Forecast for Intermediate S&P 500 Bottom

The 03/16/25 blog “Forecast – S&P 500 Intermediate Bottom – 04/03/25” illustrated that the S&P 500 (SPX) could bottom in the 5,100 area on 04/03/25 or 04/04/25. The price forecast remains the same and given the SPX powerful decline on 03/28/25 it’s possible to reach 5,100 by 04/03/25 or 04/04/25. However, there is another timeContinue reading “Alternate Time Forecast for Intermediate S&P 500 Bottom”

Lessons From the 200 – Day Moving Average

A very effective indicator to determine the long – term trend of a market or a stock is the 200 – day moving average of price. Generally, when price is above the 200 – day moving average, the trend is bullish. When the price is below the average the trend is bearish. When price isContinue reading “Lessons From the 200 – Day Moving Average”

S&P 500 – Resistance Update – 03/24/25

The daily S&P 500 (SPX) chart courtesy of BigCharts.com updates the action. On 03/24/25 the SPX moved above the Fibonacci .382 retracement level of the February to March 2025 decline and the 200 – day Simple Moving Average (SMA). Of the two the widely followed 200- day SMA is more important. If SPX continuesContinue reading “S&P 500 – Resistance Update – 03/24/25”