Author Archives: Mark Rivest

Near the S&P 500 – 200 – Day Moving Average

In the next one or two trading days the S&P 500 (SPX) could touch or break the 200 – day Simple Moving Average (SMA) line. The daily SPX chart courtesy of Trading View illustrates the action since November 2024. Please note that the last time the SPX was approaching the 200 – day SMA wasContinue reading “Near the S&P 500 – 200 – Day Moving Average”

Update U.S. 30 – Year Treasury Yield – Elliott Wave Count – 03/13/26

The 02/14/26 blog “U.S. 30 – Year Treasury Yield – Elliott Wave Count – 02/13/26” speculated that the U.S. 30 – Year Treasury Yield (TYX) may have completed a multi – year Elliott wave – Horizontal Triangle.  TYX continued to decline, invalidating the short-term wave count.   Longer – term the Horizontal Triangle is still theContinue reading “Update U.S. 30 – Year Treasury Yield – Elliott Wave Count – 03/13/26”

Wild Ride for Crude Oil – March 2026

The 03/08/26 blog  “Long-Term View of Crude Oil – March 2026” speculated that Crude Oil could reach a potential price resistance around 99.00 to 108.00.  The time zone was two – weeks. Crude oil reached and exceeded this zone in less than four – trading hours. The monthly Continuous Crude Oil chart courtesy of TradingContinue reading “Wild Ride for Crude Oil – March 2026”

 Long-Term View of Crude Oil – March 2026

Last week Crude Oil spiked up over 30%.  Long-term analysis puts this move in perspective.  The monthly continuous futures chart – Trading View symbol “CL2!” illustrates the action back to 2006.  During early 2022 price went 25% above the upper Bollinger Band.  Currently Crude Oil is only 9% above the upper Bollinger Band. In 2008Continue reading ” Long-Term View of Crude Oil – March 2026″

S&P 500 – Support Zone – March 2026

Since mid – December 2025 the S&P 500 (SPX) has been in a narrow choppy range, frustrating both bulls and bears.  If the bears can break through nearby support, it could drop SPX to a more significant support zone. The daily SPX chart courtesy of StockCharts.com illustrates three momentum oscillators. On 12/17/25, 03/03/26, and 03/06/26Continue reading “S&P 500 – Support Zone – March 2026”

NYSE Composite Target Reached – 02/23/26

The 02/22/26 blog “NYSE Composite – Elliott Wave Count – 02/20/26” noted. “An Elliott wave – Ending Diagonal Triangle (EDT) from the bottom made on 02/13/26 could be forming.  Frequently EDT’s end with a brief throwover of the trendline connecting the termination points of the first and third waves. This could happen shortly after theContinue reading “NYSE Composite Target Reached – 02/23/26”

NYSE Composite – Elliott Wave Count – 02/20/26

The NYSE Composite (NYA) could make an important secondary top on 02/23/26. The Nasdaq Composite reached its all-time high on 10/29/25. The S&P 500 reached its all-time high on 01/28/26. The Dow Jones Industrial Average reached its all-time high on 02/10/26. Which is one day after the sixty – year anniversary of the major peakContinue reading “NYSE Composite – Elliott Wave Count – 02/20/26”

   Gold Resistance Level – February 2026

Gold in U.S. dollars could soon make am important secondary peak. The daily spot Gold ($GOLD) chart courtesy of StockCharts.com illustrates the action since November 2025. Gold could soon reach a Fibonacci .618 retracement of its late January to early February crash.  If it reaches this potential resistance level it may correspond with Slow StochasticContinue reading ”   Gold Resistance Level – February 2026″