Mark Rivest

U.S. Stocks Could Rally into 03/19/25

Short-term momentum and price evidence suggests stocks could rally into the U.S. – FOMC interest rate announcement on 03/19/25. The hourly S&P 500 (SPX) chart courtesy of Trading View illustrates the short-term action. On 03/13/25 SPX bottomed out just above round number support at 5,500. Hourly RSI and MACD had significant bullish divergences. At theContinue reading “U.S. Stocks Could Rally into 03/19/25”

Watch For an S&P 500 – Death Cross – Part – Two

This site’s prior blog noted. “Anything can happen in the markets, and we are always testing our hypothesis. The first test comes in the week of 03/10/25 to 03/14/25. If the SPX moves back below its 200 – day SMA and it’s 03/07/25 bottom, there’s a high probability of more downside action”. The dailyContinue reading “Watch For an S&P 500 – Death Cross – Part – Two”

Something Different has Happened

When markets undergo a major change in trend there’s usually a dramatic signal, something out of the ordinary that strongly implies a new trend. On 03/04/25 something happened in the U.S. stock market that had not occurred in fifteen – month rally that began in October 2023. First, we need to get the proper perspectiveContinue reading “Something Different has Happened”

Watch for an S&P 500 – Death Cross – March 2025

In the next few weeks, the S&P 500 (SPX) could have a Death Cross. If so, this could be one of the most important signals for U.S. stocks in 2025. A Death Cross occurs when the 50 – day moving average of price moves below the 200 – day moving average of price. The inverseContinue reading “Watch for an S&P 500 – Death Cross – March 2025”

Bullish Divergences Blown Away – 03/07/25

The 03/03/25 blog “The Three – Minute Rally” noted. “In the very near – term if the SPX goes below its 03/03/25 bottom, watch the daily RSI. In powerful moves up or down RSI bullish divergences are blown away. If the current daily SPX – RSI bullish divergence is erased, it could mean the SPXContinue reading “Bullish Divergences Blown Away – 03/07/25”

The Three – Minute Rally – 03/03/25

On 02/28/25 the short – term momentum for the S&P 500 (SPX) was bullish suggesting a rally of at least one trading day – it lasted three – minutes. The SPX 15 – minute chart courtesy of trading view updates the short – term action. The SPX made its 03/03/25 intraday high three – minutesContinue reading “The Three – Minute Rally – 03/03/25”

The First Elliott Wave Down – 02/28/25

On 02/28/25 the S&P 500 (SPX) appears to have completed an Elliott – Impulse wave from the all-time high made on 02/19/25. If so, this could be the first wave of a developing bear market that could continue for months. The SPX 15 – minute chart courtesy of Trading View illustrates the action. An interestingContinue reading “The First Elliott Wave Down – 02/28/25”

What Could Cause a U.S. Economic Decline?

There are two ways to analyze markets and stocks, Fundamental and Technical. Technical analysis involves the study of price, and broadly the examination of momentum, sentiment and time. Because markets and stocks discount the future, they usually move six to nine months before the fundamentals. Fundamental analysis for markets examines factors such as employment, inflation,Continue reading “What Could Cause a U.S. Economic Decline?”

Downside Breakthrough – 02/27/25

The 02/22/25 blog “Short-Term S&P 500 Downside Target” noted that a break below S&P 500 (SPX) 6,003.00 could open the door for a move down to the 5,700 area. The daily SPX chart courtesy of Trading View updates the action. The important support at 6,003.00 was broken and the SPX is in a steep decline.Continue reading “Downside Breakthrough – 02/27/25”

Long – Term S&P 500 Forecast – 02/21/25

Assuming that on 02/19/25 the S&P 500 (SPX) completed a long-term Elliott wave pattern, its possible to forecast the next bear market. There are two main categories of Elliott waves, Motive and Corrective. Motive waves represent the main trend and sub divide into five – waves. Corrective waves retrace the main trend and sub divideContinue reading “Long – Term S&P 500 Forecast – 02/21/25”