The 08/08/26 blog “Watching for a Single Top – August 2026” noted. “Since January 2000 almost all the major U.S. stock market peaks have occurred with only one of the three main U.S. stock indices making an all-time high. The three main indices are S&P 500 (SPX), Dow Jones Industrial Average (DJI), and Nasdaq CompositeContinue reading “Watching for a Single Top – Part- Two”
Author Archives: Mark Rivest
Record of Diminishing Fear- Part -Two
The 06/08/26 blog “Record of Diminishing Fear” illustrated that since 2020 – S&P 500 (SPX) bear moves have gotten progressively smaller. This amazing phenomenon has continued as shown in the monthly SPX chart courtesy of Trading view. In early June 2026 it looked like the April 2026 decline of only 9.8% was the smallest possibleContinue reading “Record of Diminishing Fear- Part -Two”
Watching for a Single Top – August 2026
Since January 2000 almost all the major U.S. stock market peaks have occurred with only one of the three main U.S. stock indices making an all-time high. The three main indices are S&P 500 (SPX), Dow Jones Industrial Average (DJI), and Nasdaq Composite (IXIC). The only exception occurred at the February 2020 peak when bothContinue reading ” Watching for a Single Top – August 2026″
Post Triangle Thrust – August 2026
The 07/09/26 blog “Prelude to New Highs? – July 2026” illustrated that the S&P 500 (SPX) after the 06/02/26 peak may have formed an Elliott Wave – Horizontal Triangle. The chart from that blog courtesy of Trading View is shown below. As it turned out the Horizontal Triangle was still developing. The hourly SPX chartContinue reading “Post Triangle Thrust – August 2026”
Rising U.S. Interest Rates – August 2026
A multi-month rally in U.S. interest rates may have begun. The 05/16/26 blog “Long – Term Yields Near Major Double Top” noted that U.S. Treasury 30- year bond yields (TYX) were close to moving above a double top at 5.15 made in October 2023 and May 2025. On 05/19/26 TYX broke above 5.15, reaching 5.20. Continue reading “Rising U.S. Interest Rates – August 2026”
Buying the Dips
Late in the 07/29/26 trading session U.S. stocks had a sharp and deep decline. On 07/30/26 bulls relentlessly pushed stock indices higher. Early in the 07/31/26 main session stocks peaked then had another sharp drop. It looked like the bears had taken control, yet before the first hour of the session was complete bulls beganContinue reading “Buying the Dips”
Suspicious All-Time High – 07/28/26
Sometimes markets can have significant turns on or near Full/New Moons plus or minus two – trading days. There was a Full Moon on 07/29/26, On 07/28/26 the NYSE Composite (NYA) made an all-time high. However, this high could soon be exceeded. The daily NYA chart courtesy of Trading View illustrates the action since lateContinue reading “Suspicious All-Time High – 07/28/26”
Setup for a Dynamic Decline – July 2026
S&P 500 (SPX) short – term Elliott wave pattern implies a large drop developing. The SPX – 4-hour bar chart courtesy of Trading View illustrates the intraday action since late April 2026. The patterns since the 07/15/26 peak appears to be an Elliott wave series of “one’s” and “two’s” which are usually the prelude strongContinue reading “Setup for a Dynamic Decline – July 2026”
The New Leader for U.S. Stocks?
In recent weeks Financial stocks have been the most bullish U.S. stock market sector. This rally could be the last gasp of a dying bull market. The daily charts of State Street – Financial Sector (XLF) and State Street – Technology Sector (XLK) courtesy of Trading View illustrate their relationship. Technologies have been the trueContinue reading “The New Leader for U.S. Stocks?”
Important Support Levels – July 2026
On 07/23/26 S&P 500 (SPX) decline 1.20% if the decline is to continue there are two important support levels that need to be broken. The first support level is illustrated in the daily SPX chart courtesy of Trading View. SPX on 07/23/26 went marginally below a Fibonacci .618 retrace of the 06/26/26 to 07/15/26 rally. Continue reading “Important Support Levels – July 2026”
