On 05/01/25 the S&P 500 (SPX) rallied into a major resistance zone and then turned down. An important peak for U.S. stocks could be in place. The daily SPX chart courtesy of BigCharts.com updates the action. This website prior blog illustrated SPX – Volume Profile and Fibonacci analysis illustrated that there was Volume Profile andContinue reading “S&P 500 Rallies into the Heart of Resistance – 05/01/25”
Author Archives: Mark Rivest
Rally into the Heart of Resistance?
The prior blog “Short-Term Outlook for U.S. Stocks – 04/25/25” noted “U.S. stocks could continue to rally into the week of 04/28/25 to 05/02/25”. An important peak for U.S. stocks could be made on 05/01/25. The hourly S&P 500 (SPX) chart courtesy of Trading View updates the action. The Volume Profile method places volume onContinue reading “Rally into the Heart of Resistance?”
Short-Term Outlook for U.S. Stocks – 04/25/25
U.S. stocks could continue to rally into the week of 04/28/25 to 05/02/25. The daily S&P 500 (SPX) chart courtesy of BigCharts.com illustrates the recent action. As of 04/25/25 only the upper line of the Slow Stochastic has reached the overbought zone which begins at 80.00. The lower line is at about 70.00. The readingContinue reading “Short-Term Outlook for U.S. Stocks – 04/25/25”
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”
Death Cross Achieved
The S&P 500 (SPX), Dow Jones Industrial Average, and Nasdaq Composite daily charts have their 50 – day Simple Moving Average (SMA) lines crossing below their 200 – day SMA lines. This is called a “Death Cross” and is usually a signal for more downside action. The daily SPX chart courtesy of Trading View showsContinue reading “Death Cross Achieved”
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”