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”

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”