Author Archives: Mark Rivest

Gold and Silver Update – 04/25/25

The 04/19/25 blog “Near-Term Gold Shorting Opportunity- 04/17/25” illustrated a potential STRAT – shorting set up for Gold and noted “If next week Gold exceeds 3,371.90 and does not go below 3,208.70 the sell strategy is invalidated.”  Subsequently Gold did move above 3,371.90 and failed to drop below 3,208.70.  A major reason for the continuingContinue reading “Gold and Silver Update – 04/25/25”

   Into Overhead Resistance

The S&P 500 (SPX) has reached the edge of overhead resistance. The SPX has a trading range from 5,500 to 5,700 made in March 2025.   Traders/investors that went long stocks in this zone quickly experience a sharp market decline.   This is overhead resistance where many stock buyers could sell rising stocks. The daily SPX chartContinue reading ”   Into Overhead Resistance”

Near-Term Silver Shorting Opportunity – 04/17/25

The 04/19/25 blog “Near-Term Gold Opportunity – 04/17/25” Ilustrated a strategy to potentially profit from a near – term drop in Gold.   The conditions for Silver are the same, the profit opportunity could be greater. The weekly Gold Futures (GC1!) and weekly Silver Futures (SI1!) chart courtesy of Trading View illustrates their relationship. On theContinue reading “Near-Term Silver Shorting Opportunity – 04/17/25”

Near-Term Gold Shorting Opportunity – 04/17/25

For several months Gold prices have pushed higher and could continue higher in 2025.  However, near-term conditions present an opportunity for aggressive traders to short Gold. The weekly Gold futures chart courtesy of Barchart.com updates Gold sentiment. Each week the Commitment of Traders (COT) report tracks the net contract positions for various Futures. There areContinue reading “Near-Term Gold Shorting Opportunity – 04/17/25”

A Super Rally for U.S. Interest Rates? – Part – Two

                        The 02/02/25 blog “A Super Rally for U.S. Interest Rates?” noted “In the coming months U.S. Treasury yields/rates could have a dramatic rise”.  The dramatic rise may have begun last week. The weekly U.S. 30 – Year Treasury Bond yield (TYX) chart courtesy of Trading View illustrates the long – term picture. TheContinue reading “A Super Rally for U.S. Interest Rates? – Part – Two”

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”