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”
Category Archives: Momentum
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”
Technology Stocks Relative Weakness – October 2026
On 10/06/26 the technology stock ETF – (XLK) made a new all-time high. Subsequently it has been bearish relative to the S&P 500 (SPX) and the Nasdaq Composite (IXIC). This could be a bearish omen for the broader U.S. stock market. First, we need to examine the long-term performance of the technology sector. The weeklyContinue reading “Technology Stocks Relative Weakness – October 2026”
U.S. Stocks are in a Bear Market – Part – Three
When only one of the three main U.S. stock indices; S&P 500 (SPX), Nasdaq Composite (IXIC), and Dow Jones Industrial Average (DJI) makes a new all-time high it’s a bearish signal. On 08/13/26 only SPX reached a new all-time high. This signal was invalidated on 10/06/26 when both the Nasdaq Composite (IXIC) and S&P 500Continue reading “U.S. Stocks are in a Bear Market – Part – Three”
Nasdaq Internal Momentum – October 2026
On 10/02/26 Nasdaq Composite and its sub index Nasdaq 100 – made new all – time highs. How are these bullish leaders performing underneath the surface of price action? The answer is shocking. Two of the main internal stock market momentum indicators are Advance/Decline lines (A/D) and New 52 – week Highs and Lows. TheContinue reading “Nasdaq Internal Momentum – October 2026”
U.S. Stocks are in a Bear Market – Part – Two
Outside of the Nasdaq Composite, which is being pushed up by technology stocks, most U.S. stocks are in a different world. That world is called a bear market. The daily Dow Jones Industrial Average (DJI), Dow Jones Transportation Average (DJT), and Dow Jones Utility Average (DJU) chart courtesy of Trading View examines their relationship. AlmostContinue reading “U.S. Stocks are in a Bear Market – Part – Two”
Watch the U.S. Technology Stock Sector – 10/02/26
The 09/26/26 blog “September 28, 2026 – Final U.S. Market Stock Peak?” noted “The ideal scenario for 09/28/26 would be for both Nasdaq Composite (IXIC) and Technology stock sector – ETF (XLK) to make new highs unconfirmed by S&P 500 (SPX) and Dow Jones Industrial Average (DJI). If this occurs it could signal an importantContinue reading “Watch the U.S. Technology Stock Sector – 10/02/26”
U.S. Stocks are in a Bear Market – September 2026
On the surface the three main U.S. stock indices; S&P 500 (SPX), Nasdaq Composite, and Dow Jones Industrial Average are close to their all-time highs. By measurement of price these indices are in bull markets. If you look underneath the surface most U.S. stocks are in a bear market. The daily SPX chart courtesyContinue reading “U.S. Stocks are in a Bear Market – September 2026”
September 28, 2026 – Final U.S. Market Stock Peak?
A Full Moon and momentum divergence could signal an important U.S. stock market top. The daily chart courtesy of Trading View shows the relationship of the three main U.S. stock indices. S&P 500 (SPX), Nasdaq Composite (IXIC), and Dow Jones Industrial Average (DJI). When only one of the three major U.S. stock indices reaches aContinue reading “September 28, 2026 – Final U.S. Market Stock Peak?”
