Mark Rivest

Tesla Inc. Could Soon Reach 215.00

On 02/07/24 Tesla Inc. (TSLA) broke decisively below important support. This movement implies the start of a significant move down to near 215.00 sometime in February or March 2025. The daily TSLA chart courtesy of Trading View shows the action since June 2024. The Volume Profile indicator is a great forecasting tool to discover potentialContinue reading “Tesla Inc. Could Soon Reach 215.00”

Outlook for the S&P 500 in 2025

The 01/25/25 blog “Evidence of a Major U.S. Stock Market Top – 01/24/25” illustrated that U.S. stocks could be on the verge of at least a multi-month bear market. Assuming the hypothesis is correct, Volume Profile analysis could be helpful discovering potential support zones in a developing bear market. The Volume Profile method places volumeContinue reading “Outlook for the S&P 500 in 2025”

More Clues from the Dow Jones Industrial Average

An update of the three main U.S. stock indices. The 3 – hour Nasdaq Composite (IXIC) chart courtesy of Trading View illustrates its performance. Throughout most of 2024 IXIC led the way higher. Now in 2025 it’s the upside laggard or perhaps the downside leader. At the close of the 02/06/25 session this Tech heavyContinue reading “More Clues from the Dow Jones Industrial Average”

A Super Rally for U.S. Interest Rates?

In the coming months U.S. Treasury yields/rates could have a dramatic rise. Most attention is on what action the U.S. – FOMC could take in 2025. The FOMC controls the short-term interest rates, and they are expected to cut rates twice in 2025. They have no control over long – term rates which have beenContinue reading “A Super Rally for U.S. Interest Rates?”

All – Time Highs Totally Rejected

On 01/31/25 both the Dow Jones Industrial Average (DJI) and the S&P 500 (SPX) made runs to make new all -time highs. They failed miserably. The DJI – two – hour chart courtesy of Trading View shows its action since its all-time high in early December 2024. In the first minute of the DJI tradingContinue reading “All – Time Highs Totally Rejected”

U.S. Stocks Testing All-Time Highs – 01/30/25

The hourly Dow Jones Industrial Average (DJI) and S&P 500 (SPX) chart courtesy of Trading View shows their recent action. On 01/24/25 SPX made its all-time high unconfirmed by the DJI, and Nasdaq Composite – a potentially very bearish momentum signal. Subsequently on 01/27/25 there was a micro crash in Tech stocks which the DJIContinue reading “U.S. Stocks Testing All-Time Highs – 01/30/25”

Nasdaq Composite Threads the Needle – 01/24/25

The 01/23/25 blog “Watch the Nasdaq Composite – 01/23/25” noted , “If on 01/24/25 IXIC exceeds 20,070.08 and stays below its all-time high of 20,204.50 an important secondary peak could be reached”. The hourly Nasdaq Composite chart -Trading View symbol (IXIC) shows what happened. IXIC exceeded the presumed Minor wave “A” of an Elliott waveContinue reading “Nasdaq Composite Threads the Needle – 01/24/25”

Evidence of a Major U.S. Stock Market Top – 01/24/25

Long-term momentum and sentiment readings for U.S. stocks suggests a major peak is forming. On 01/24/25 the S&P 500 (SPX) continued its recent pattern of making a new all-time high unconfirmed by the other two main U.S. stock indices, Dow Jones Industrial Average and Nasdaq Composite. This significant bearish divergence is just one factor inContinue reading “Evidence of a Major U.S. Stock Market Top – 01/24/25”

Watch the Nasdaq Composite – 01/23/25

On 01/23/25 of the three main U.S. stock indices only the S&P 500 (SPX) continued to make all- time highs. The Dow Jones Industrial Average and Nasdaq Composite (IXIC) are still below their ultimate highs made in December 2024. If two of the three main U.S. stock indices make new all-time highs it would beContinue reading “Watch the Nasdaq Composite – 01/23/25”

All – Time High S&P 500 – 01/22/25

Today 01/22/25 the S&P 500 (SPX) made a new all-time high unconfirmed by the Dow Jones Industrial Average (DJI) and the Nasdaq Composite. This by itself is a potentially very bearish momentum signal. The daily SPX chart courtesy of BigCharts.com updates its action. BigCharts.com – Slow Stochastic indicator is very effective in discovering potential trendContinue reading “All – Time High S&P 500 – 01/22/25”