Author Archives: Mark Rivest

Short-Term S&P 500 – Downside Target

On 02/19/25 the S&P 500 (SPX) made an all-time high unconfirmed by the other two main U.S. stock indices – Dow Jones Industrial Average and Nasdaq Composite. This was the five – year anniversary of the SPX – all-time high just before the 2020 – Covid crash. On 02/20/25 intraday the SPX had declined 1%Continue reading “Short-Term S&P 500 – Downside Target”

A Turn in the U.S. Stock Market Tide – 02/19/25

On 02/19/25  the S&P 500 (SPX) made  a new all – time high  unaccompanied by the other two main U.S. stock indices – Dow Jones Industrial Average and the Nasdaq Composite.   This bearish divergence occurred on a fascinating  Day. The weekly SPX courtesy of Trading View illustrates what happened. The SPX late session high onContinue reading “A Turn in the U.S. Stock Market Tide – 02/19/25”

Bearish U.S. Stock Market Divergences – 02/14/25

The prior blog “Updated S&P 500 – Long -Term Elliott Wave Count -02/14/25”  noted that the S&P 500 (SPX) October to December 2022 rally – Intermediate wave (1) had a growth rate of 17.4%.  There’s usually a Fibonacci price relationship between the first and  fifth waves of motive patterns.    Assuming that the SPX 01/13/25Continue reading “Bearish U.S. Stock Market Divergences – 02/14/25”

Updated S&P 500 – Long-Term Elliott Wave Count – 02/14/25

On 02/14/25 the S&P 500 (SPX) peaked at .71 points below its all-time high made on 01/24/25.  Could this be the prelude to a significant upside breakthrough, or could something else be happening?  Detailed Fibonacci analysis reveals some amazing clues. The weekly SPX chart courtesy of Trading View illustrates the long-term Elliott wave count sinceContinue reading “Updated S&P 500 – Long-Term Elliott Wave Count – 02/14/25”

     A Golden Triangle – Part – Two

The 01/12/25 blog “A Golden Triangle?” speculated that Gold was forming an Elliott Wave – Horizontal Triangle that could be the prelude to new highs. The daily Gold Futures Continuous Contract (GC1!) chart courtesy of Trading View updates the action. It appears a Horizontal Triangle has completed, and Gold is in a post  triangle thrustContinue reading ”     A Golden Triangle – Part – Two”

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?”