The 11/13/25 blog “U.S. Stock Market at a Crossroad – November 2025” illustrated that the S&P 500 (SPX) could be forming an Elliott wave – Ending Diagonal Triangle. The sharp move down during the open of the 11/14/25 SPX trading session presents an alternate wave count. The SPX 30 – minute chart courtesy of TradingContinue reading “S&P 500 – Alternate Elliott Wave Count – 11/14/25”
Author Archives: Mark Rivest
U.S. Stock Market at a Crossroad – November 2025
On 11/12/25 the Dow Jones Industrial Average (DJI) made a new all-time high unaccompanied by the other two main U.S. stock indices, S&P 500 (SPX), and the Nasdaq Composite. Since January 2000 this momentum divergence has signaled important U.S. stock market peaks. However, several of these signals have occurred in 2025 – all have failed. Continue reading “U.S. Stock Market at a Crossroad – November 2025”
The Leading U.S. Stock Sector – Part – Two
The 10/25/25 blog “The Leading U.S. Stock Sector” noted that the PHLX Semiconductor index (SOX) had been a factor in the surge up of U.S. stocks. Recent action implies this leading sector is still bullish. The weekly SOX chart courtesy of Trading View shows what’s happened. The 10/25/25 blog noted. “Weekly RSI continues toContinue reading “The Leading U.S. Stock Sector – Part – Two”
Elliott Wave – Invalidation Points
Elliott wave theory is best known as a market forecasting tool. It’s also very effective in identifying points where a forecast is wrong. S&P 500 (SPX) recent action illustrates specific points where a forecast became invalid. The 10/26/25 blog “S&P 500 – Elliott Wave Update – 10/24/25” Noted that if the SPX moved above 6,813.85Continue reading “Elliott Wave – Invalidation Points”
U.S. Stock Market Sentiment – November 2025
Measuring market sentiment can determine when a trend could terminate. Market price peaks usually correspond with high bullish/optimistic sentiment. In declining markets bottoms are near high bearish/pessimistic sentiment. Long and short-term U.S. stock market sentiment entering the November trading month are at historically high bullish levels. The weekly S&P 500 (SPX) chart courtesy of TradingContinue reading “U.S. Stock Market Sentiment – November 2025”
Bullish Pieces of an Elliott Wave Puzzle
The 10/26/25 blog “S&P 500 – Elliott Wave Update – 10/24/25” illustrated that the S&P 500 (SPX) may have completed an Elliott wave – Ending Diagonal Triangle. The invalidation point for this pattern was SPX 6,813.85. The 30 – minute SPX chart courtesy of Trading View shows what happened. On 10/27/25 SPX gapped above theContinue reading “Bullish Pieces of an Elliott Wave Puzzle”
S&P 500 – Elliott Wave Update – 10/24/25
The 10/23/25 blog “U.S. Stocks Crawling to New Highs?” illustrated the S&P 500 (SPX) could be forming an Elliott wave – Ending Diagonal Triangle”. The hourly SPX chart courtesy of Trading View updates that potential wave count. The Ending Diagonal Triangle wave count from the 10/10/25 bottom is still valid. In any five-wave motive patternContinue reading “S&P 500 – Elliott Wave Update – 10/24/25”
The Leading U.S. Stock Sector
On 10/24/25 all three main U.S. stock indices, S&P 500, Nasdaq Composite, and Dow Jones Industrial Average made new all-time highs. This is a bullish signal implying the U.S. stock buying mania could continue for days, perhaps weeks. The PHLX Semiconductor Sector Index (SOX) has been a factor in the current surge up. The weeklyContinue reading “The Leading U.S. Stock Sector”
U.S. Stocks Crawling to New Highs?
The buying mania of U.S. stocks continues. The hourly S&P 500 (SPX) chart courtesy of Trading View illustrates its progress since the 10/10/25 micro crash. The slow choppy nature of the rally has the appearance of an Elliott wave – Ending Diagonal Triangle. These are terminal structures, if the count is correct the SPX couldContinue reading “U.S. Stocks Crawling to New Highs?”
Sixteen – Year Analysis of the S&P 500
The 10/18/25 blog “Fifty – Year Analysis of the S&P 500” examined the two S&P 500 (SPX) secular bull markets that spanned fifty years. Fibonacci price and time ratios between the two bull markets imply a major peak that could be made in 2025. A look at the at the SPX rise since 2009 revealsContinue reading “Sixteen – Year Analysis of the S&P 500”