The weight of evidence from all four dimensions of the U.S stock market is overwhelmingly bearish. However, the NYSE – Advance/Decline line and the S&P 500 – Advance/Decline line continue to make new highs. The daily NYSE – Advance Decline line ($NYAD) courtesy of StockCharts.com is illustrated below. On 02/13/26 the NYSE Composite index failedContinue reading “U.S. Stock Market – Advance/Decline Lines”
Category Archives: Momentum
Bearish Divergences – February 2026
The prior blog “Dow Industrials at 50,000!” noted that the Dow Jones Industrial Average (DJI) all-time high was confirmed by the Dow Jones Transportation Average, NYSE Composite index, S&P 500 – Advanced/Decline line and NYSE Advance/Decline line. Now a look at what’s not confirming the DJI all-time high. Since the most recent bull trend beganContinue reading “Bearish Divergences – February 2026”
Dow Industrials at 50,000!
February 6, 2026, was a historic day the Dow Jones Industrial Average (DJI) made a new all-time and reached 50,000. What could also be historic is a potential Elliott wave pattern and possible Fibonacci resistance level. First an update on internal U.S. stock market momentum. The prior blog “February Downside Rollover – 02/05/26” noted thatContinue reading “Dow Industrials at 50,000!”
February Downside Rollover – 02/05/26
The S&P 500 has broken below a rising daily wedge and could decline to at least the area near the 11/21/25 bottom. The daily S&P 500 ($SPX) chart courtesy of StockCharts.com illustrates short-term momentum. Daily Slow Stochastic made a bearish divergence peak in the overbought zone and now has a bearish line cross. Both linesContinue reading “February Downside Rollover – 02/05/26”
Silver Crash – January 2026
The 12/28/25 blog “Parabolic Silver – December 2025” compared the current Silver boom with the Silver mania from late 1979 to early 1980. Noting that to match the percentage gain of the January 1980 silver top, price could peak around 137.00. Silver reached 121.64 on 01/29/26 then crashed. The 01/25/26 blog “Welcome to ParabolicContinue reading “Silver Crash – January 2026”
Colossal Ending Diagonal Triangle? – 01/30/26
During the last few months, the S&P 500 (SPX) upper part of the post April 2025 rally appeared to be forming an Elliott wave – Ending Diagonal Triangle (EDT). What’s happened during the most recent trading days hints that the entire rally since 04/07/25 could be a colossal Ending Diagonal Triangle. The daily SPX chartContinue reading “Colossal Ending Diagonal Triangle? – 01/30/26”
Welcome to Parabolic City
The 12/28/25 blog “Parabolic Silver – December 2025” noted. “If Silver continues to climb, could it move up 203% from the late October 2025 bottom? Siver closed the week of 12/26/25 at 79.32. If it can match the ten – week post November 1979 rally it would bring Silver to around 137.00 sometime in earlyContinue reading ” Welcome to Parabolic City”
Dramatic Move Down – 01/20/26
There was a New Moon on 01/18/26. Sometimes markets can turn on New/Full Moons plus or minus two trading days. Usually, one of the main U.S. stock indices; S&P 500, Nasdaq Composite or Dow Jones Industrial Average register lunar turn signals. In this case the Russell 2000 – small cap index made a post AprilContinue reading “Dramatic Move Down – 01/20/26”
UK 100 – Momentum Clues
Long and short -term UK 100 – RSI readings could forecast the global stock market in 2026. Stock indices usually have maximum RSI readings at penultimate price peaks. When price reaches its ultimate top, most of the time RSI has a bearish divergence vs. the penultimate peak. The monthly UK 100 chart – listed inContinue reading “UK 100 – Momentum Clues”
Momentum for U.S. Stocks – 01/09/26
The release of the monthly U.S. Non-Farm Payroll report at 8:30 AM – EDT on 01/09/26 triggered a rally in U.S stock Futures. When the cash S&P 500 session began there was a five – minute rally followed by a 30 – minute decline. After that drop the S&P 500 rallied to a new all-timeContinue reading “Momentum for U.S. Stocks – 01/09/26”
Four Dimension Trading 