The prior two Crude Oil blogs on this website noted that Oil bulls were out of time. The 09/06/26 blog illustrated important Crude Oil resistance at 90.00. The bulls were able to blast above the resistance level and reached 100.00. A break above 100.00 next week could open the door to 113.00 and beyond. Continue reading “Crude Oil Reaches – 100.00”
Category Archives: Momentum
Upside Targets for U.S. Treasury Yields – September 2026
Yields on long and short – term U.S. Treasury Debt have been rising. If the trend continues it could have an adverse effect on the U.S. economy and stocks. The monthly – 30 – year Treasury Yield chart (TYX) courtesy of Trading View shows the very long – term view. Currently monthly RSI has aContinue reading “Upside Targets for U.S. Treasury Yields – September 2026”
Are Oil Bulls Out of Time? – Part – Two
In the 08/30/26 blog “Are Oil Bulls Out of Time?” it appeared that Crude Oil may have completed or was close to completion of an Elliott wave – Inverse Horizontal Triangle. The blog noted that a move above the 08/21/26 peak at 85.46 was bullish. This movement did happen and invalidated the presumed Inverse HorizontalContinue reading “Are Oil Bulls Out of Time? – Part – Two”
Watching the Trend Lines – September 2026
Recently many U.S. stocks have been in a sideways channel. A trend line break could provide an important signal. The daily charts of S&P 500 (SPX), Financial sector – ETF (XLF), and Technology sector – ETF (XLK) examines their relationship. After the late March to June- XLK led the U.S. stock market with an amazingContinue reading “Watching the Trend Lines – September 2026”
Slow Rollover of U.S. Stocks – August 2026
Since the S&P 500 (SPX) reached a solo all-time high on 08/13/26, U.S. stocks have gradually and quietly declined. This could be the start of a much larger drop. The daily SPX chart courtesy of StockCharts.com illustrates external momentum. Daily Slow Stochastic had a bearish line cross in the overbought zone and has now crossedContinue reading “Slow Rollover of U.S. Stocks – August 2026”
Crude Oil Near-Term Target – 95.00
Momentum and Elliott wave structure imply Crude Oil could reach 95.00 in early September 2026. The daily continuous Crude Oil futures (CL2!) chart courtesy of Trading View illustrates its action. From an Elliott wave perspective, the important area to focus on is what happened after the 07/02/26 bottom at 67.12. Please note that after theContinue reading “Crude Oil Near-Term Target – 95.00”
The Leading U.S. Stock Index?
On 08/14/26 none of the three main U.S. stock indices; S&P 500, Dow Jones Industrial Average, or Nasdaq Composite made new all-time highs. However, the small cap index – Russell 2000 (RUT) made a new all-time high. Is this this a sign of more upside action or the bulls last gasp? The daily RUT chartContinue reading “The Leading U.S. Stock Index?”
Watching for a Single Top – Part- Two
The 08/08/26 blog “Watching for a Single Top – August 2026” noted. “Since January 2000 almost all the major U.S. stock market peaks have occurred with only one of the three main U.S. stock indices making an all-time high. The three main indices are S&P 500 (SPX), Dow Jones Industrial Average (DJI), and Nasdaq CompositeContinue reading “Watching for a Single Top – Part- Two”
Record of Diminishing Fear- Part -Two
The 06/08/26 blog “Record of Diminishing Fear” illustrated that since 2020 – S&P 500 (SPX) bear moves have gotten progressively smaller. This amazing phenomenon has continued as shown in the monthly SPX chart courtesy of Trading view. In early June 2026 it looked like the April 2026 decline of only 9.8% was the smallest possibleContinue reading “Record of Diminishing Fear- Part -Two”
Watching for a Single Top – August 2026
Since January 2000 almost all the major U.S. stock market peaks have occurred with only one of the three main U.S. stock indices making an all-time high. The three main indices are S&P 500 (SPX), Dow Jones Industrial Average (DJI), and Nasdaq Composite (IXIC). The only exception occurred at the February 2020 peak when bothContinue reading ” Watching for a Single Top – August 2026″