The 10/26/26 blog “Russell 2000 – Approaching a Death Cross – October 2026” illustrated that the U.S. small cap index – Russell 2000 (RUT) was nearing a “Death Cross”. The daily RUT chart courtesy of Trading View updates its action. A Death Cross happens when the 50 – Simple Moving Average (SMA) crosses below theContinue reading “Russell 2000 – Death Cross Update – 11/12/26”
Category Archives: Momentum
The Final Rally of a Dying Bull Market?
Fear sends stocks lower; hope lifts them. Because fear is more intense than hope, most stock bear markets reach their climax in a single day. Stock bull markets can peak over a period of several weeks, sometimes months. What happened in the U.S. stock market on 11/04/26 may have been the final peak of theContinue reading “The Final Rally of a Dying Bull Market?”
Major Breakthroughs! – 11/05/26
The relentless selling of U.S. stocks on 11/05/26 is probably the start of a multi-week decline. This website’s previous blog post suggested that the S&P 500 (SPX) may have been in an upward post-triangle thrust following an Elliott wave Horizontal Triangle. The invalidation level for the Horizontal Triangle was the 10/30/26 bottom at 7,527.55. NotContinue reading “Major Breakthroughs! – 11/05/26”
Nasdaq New Highs Minus New Lows – 10/30/26
Since their all-time highs the three main U.S. stock indices have declined as follows. S&P 500, down 3%. Dow Jones Industrial Average, down 5%. Nasdaq Composite (IXIC), down 8%. The main reason IXIC is down the most is because of the technology sector. As of 10/30/26 the Technology sector ETF – XLK was down 11%Continue reading “Nasdaq New Highs Minus New Lows – 10/30/26”
Gaps Down and New All-Time Highs
On 10/30/26 two of the three main U.S. stock indices gapped down while three S&P 500 sectors made new all-time highs. This unusual combination implies near term bullishness for U.S. stocks. The daily S&P 500 (SPX) and Nasdaq Composite (IXIC) charts courtesy of Trading View show their relationship since July 2026. Their moves down onContinue reading “Gaps Down and New All-Time Highs”
Emerging Technology Bear Market – October 2026
The 10/24/26 blog “U.S. Stock Sector Analysis – October 2026” examined the three U.S. stock sectors that made new all-time highs during the week of 10/19/26 to 10/23/23. Today’s blog – 10/25/26 looks at the technology sector. The daily Technology Sector ETF (XLK) chart and the Semiconductor index (SOX) chart courtesy of Trading View illustrateContinue reading “Emerging Technology Bear Market – October 2026”
U.S. Stock Sector Analysis – October 2026
State Street Sector – Exchange Traded Funds (ETF) divide the S&P 500 (SPX) into eleven sectors. Most of the SPX sectors are in bear trends. During the week of 10/12/26 to 10/16/26 only two sectors managed to reach all-time highs. In the week of10/19/26 to 10/23/26 three sectors reached all-time highs. Could this be theContinue reading “U.S. Stock Sector Analysis – October 2026”
The Three – Day Rally
The 10/17/26 blog post “Trendline Break/Fibonacci Support” highlighted bullish signals from the daily difference between NYSE 52-week new highs and 52-week new lows, suggesting that the S&P 500 (SPX) could rally for two to three trading days. SPX rose from 10/19/26 through 10/21/26, then fell 1.21% on 10/22/26. Could this mark the start of aContinue reading “The Three – Day Rally”
New U.S. Stock Market Leaders?
This website’s prior blog illustrated internal bullish momentum for the U.S. stock market. The current blog shows the sectors where some of the internal momentum is coming from. The first chart courtesy of Trading View shows the action of the Health Care (XLV) sector since February 2026. During the week of 10/12/26 to 10/16/26 whileContinue reading “New U.S. Stock Market Leaders?”
Trendline Break/Fibonacci Support
U.S. stock market may have begun a multi-week decline. Short- term there could be a two or three trading day rally. The SPX – 30 – minute chart courtesy of Trading View updates its intraday action. The 10/11/26 blog “Technology Stocks Relative Weakness – October 2026” illustrated that S&P 500 (SPX) may have been inContinue reading “Trendline Break/Fibonacci Support”
