Mark Rivest

Long – Term Elliott Wave Count For 10 – year U.S Treasury Rates

The 10/23/22 blog “Intermediate Top For Interest Rates” noted “If US interests rates decline it could be a catalyst for a multi- week rally in US stocks”. Subsequently the rates/yields for 10 and 30 – year U.S Government bonds/notes declined and U.S stocks rallied. There could soon be another decline for 10 and 30 –Continue reading “Long – Term Elliott Wave Count For 10 – year U.S Treasury Rates”

Philippines Stock Exchange – Five – Year Pattern

The 01/16/23 blog illustrated that the Shanghai Stock Exchange Composite could be forming a multi-year Elliot wave Horizontal Triangle. The 02/08/23 blog noted that the Dow Jones Industrial Average could be forming a Horizontal Triangle from its January 2022 top. Now it appears the Philippines Stock Exchange Index (PSEI) could be forming a Horizontal TriangleContinue reading “Philippines Stock Exchange – Five – Year Pattern”

Move Up From Important Support – 03/02/23

S&P 500 (SPX) bottoms in the area of two support zones. The daily SPX chart courtesy of BigCharts.com updates the action. The SPX made a bottom early in the 03/02/23 session. What makes this exciting is that the bottom was in the area of the SPX – 200 – day moving average (MA) and FibonacciContinue reading “Move Up From Important Support – 03/02/23”

Mixed Signals for U.S Stocks – Part – Two

The 02/25/23 blog noted that the S&P 500 (SPX) could marginally break below its 200 day moving average (MA) line, which did occur on 03/01/23. The daily SPX chart courtesy of BigCharts.com updates the action. The SPX low on 03/01/23 broke marginally below its 03/24/23 bottom and its 200 – day – MA line. However,Continue reading “Mixed Signals for U.S Stocks – Part – Two”

Natural Gas Update – 2/24/23

Natural Gas looked like it may have bottomed out on 02/17/23, subsequently the bears continued to push prices lower. After bottoming on 02/22/23 Natural Gas had its largest percentage gain since the rally in early December 2022. The daily Natural Gas chart (NG1!) courtesy of Trading View illustrates the action since November 2022. The bottomContinue reading “Natural Gas Update – 2/24/23”

Mixed Signals for U.S Stocks

On 02/24/23 the S&P 500 (SPX) bounced off of important support, however the balance of momentum indicators imply more downside action. The daily SPX chart courtesy of BigCharts.com illustrates what’s happened. Shortly after the SPX opening on 02/24/23 it reached the 200 – day moving average (MA) triggering a rally that continued throughout the session. Continue reading “Mixed Signals for U.S Stocks”

Short – Term Elliott Wave Count for Gold

The prior two blogs examined the long and intermediate – term Elliott wave counts for Gold. The focus now shifts to the Elliott wave action from March 2022 to February 2023. The daily Gold chart (XAUUSD) courtesy of Trading View illustrates the short- term view. Gold’s decline after 03/08/22 was in the form of anContinue reading “Short – Term Elliott Wave Count for Gold”

Intermediate – Term Elliott Wave Count for Gold

The 02/20/23 Blog “Long-term Elliott Wave Count for Gold” examined the Elliott wave structure for Gold in U.S dollars from 1969 to 2023. The weekly Gold chart courtesy of Trading View (XAUUSD) illustrates a potential Elliott wave count from 2011 to 2023. The 02/20/23 blog noted that the Gold peak in 2011 could either beContinue reading “Intermediate – Term Elliott Wave Count for Gold”

Long-Term Elliott Wave Count for Gold

The action of Gold in the last several months suggests it could be basing for a large bull market that could extend far beyond 2023. The long -term view of Gold gives us a starting point of what could develop in the coming months and years. The monthly Gold chart courtesy of Trading View showsContinue reading “Long-Term Elliott Wave Count for Gold”

Natural Gas May Have Bottomed on – 02/17/23

The 02/12/23 blog “Natural Gas Bottoming Signals” illustrated evidence from all four market dimensions that Natural Gas could be forming a major bottom. Elliott wave analysis now indicates a major bottom may have been made on 02/17/23. Natural Gas (NG1!) weekly continuous futures chart courtesy of Trading View illustrates the long- term Elliott wave count.Continue reading “Natural Gas May Have Bottomed on – 02/17/23”