Author Archives: Mark Rivest

Rising to a New All – Time High? – 05/21/26

The S&P 500 (SPX) could be in the final wave of a rally that began on 03/30/26. The SPX 30 – minute chart courtesy of Trading View illustrates the intraday action. The 05/17/26 blog “Characteristics of a U.S. Stock Market Peak” noted that the SPX largest decline since 03/30/26 was only 2%.  The most recentContinue reading “Rising to a New All – Time High? – 05/21/26”

Characteristics of a U.S. Stock Market Peak

The U.S. stock market rally since 03/30/26 has been steep and relentless and as of 05/15/26 appears likely to continue.  The daily S&P 500 (SPX) and Nasdaq Composite (IXIC) charts courtesy of Trading View examines two potentially bearish factors.  Several important U.S. stock market peaks since early 2000 have occurred when only one of theContinue reading “Characteristics of a U.S. Stock Market Peak”

Long – Term Yields Near Major Double Top

On 05/15/26 the prices of U.S. Treasury – notes and thirty-year bonds declined.     When bond/note prices fall, bond/note yields rise. The U.S. Treasury 30- year bond yields (TYX) are leading the way higher. The weekly TYX chart courtesy of Trading View illustrates the long – term view. This is an update to the chartContinue reading “Long – Term Yields Near Major Double Top”

The Nvidia Market

The 05/07/26 blog “The Fibonacci 1.618 – Solution” illustrated that the S&P 500 (SPX) had potential Fibonacci resistance at SPX 7,426.  On 05/14/26 SPX reached 7,517, there’s always leeway around Fibonacci support/resistance levels.  The high on 05/14/26 was 91 – points above the Fibonacci bullseye level – likely outside the leeway zone. The doors openContinue reading “The Nvidia Market”

Examination of the NYSE – Advance/Decline Line

A follower to this website made a very interesting comment regarding the NYSE – A/D line, stating that the NYSE Composite (NYA) peaked in February and the NYSE – A/D line made a new high on 05/06/26.  This is a bullish divergence that requires further examination.  The daily NYA and S&P 500 (SPX) chart courtesyContinue reading “Examination of the NYSE – Advance/Decline Line”

The Fibonacci 1.618 – Solution

The powerful S&P 500 (SPX) rally since the 03/30/26 bottom is probably still developing.  A Fibonacci inverse ratio forecasted the level of the SPX January 2026 peak, could also predict an SPX peak in May 2026. The 12/27/25 blog “Rendezvous of Price and Time – December 2025” illustrated that the SPX – February to AprilContinue reading “The Fibonacci 1.618 – Solution”

          Semiconductor Sell Signal – 05/04/26

For several months the PHLX – Semiconductor index (SOX) has been the leading sector of the U.S. stock market.  There may have been a major sell signal on 05/04/26. The daily SOX chart courtesy of Trading View illustrates the action.  On 05/04/26 – SOX made a new all-time high and ended the session below itsContinue reading ”          Semiconductor Sell Signal – 05/04/26″

Momentum at a Potential Blowoff Top – May 2026

Long – term external and internal momentum indicators reveal fascinating aspects for the U.S. stock market. The weekly S&P 500 (SPX) chart courtesy of Trading View illustrates external momentum. Note weekly RSI reading as of 05/01/26 has a bearish divergence vs. the readings made in late 2025.  There is currently not a near – termContinue reading “Momentum at a Potential Blowoff Top – May 2026”

Blowoff Top – 05/01/26

The S&P 500 (SPX) and Nasdaq Composite (IXIC) rallies from 03/30/26 may have culminated in blowoff tops. The daily SPX chart courtesy of Trading View shows the recent action. The candlestick chart illustrates a formation called a “Shooting Star” occurring on 05/01/26 which implies a bearish reversal.  This happened on a Full Moon.  Sometimes NewContinue reading “Blowoff Top – 05/01/26”