In the coming months U.S. Treasury yields/rates could have a dramatic rise. Most attention is on what action the U.S. – FOMC could take in 2025. The FOMC controls the short-term interest rates, and they are expected to cut rates twice in 2025. They have no control over long – term rates which have beenContinue reading “A Super Rally for U.S. Interest Rates?”
Category Archives: Momentum
All – Time Highs Totally Rejected
On 01/31/25 both the Dow Jones Industrial Average (DJI) and the S&P 500 (SPX) made runs to make new all -time highs. They failed miserably. The DJI – two – hour chart courtesy of Trading View shows its action since its all-time high in early December 2024. In the first minute of the DJI tradingContinue reading “All – Time Highs Totally Rejected”
U.S. Stocks Testing All-Time Highs – 01/30/25
The hourly Dow Jones Industrial Average (DJI) and S&P 500 (SPX) chart courtesy of Trading View shows their recent action. On 01/24/25 SPX made its all-time high unconfirmed by the DJI, and Nasdaq Composite – a potentially very bearish momentum signal. Subsequently on 01/27/25 there was a micro crash in Tech stocks which the DJIContinue reading “U.S. Stocks Testing All-Time Highs – 01/30/25”
Nasdaq Composite Threads the Needle – 01/24/25
The 01/23/25 blog “Watch the Nasdaq Composite – 01/23/25” noted , “If on 01/24/25 IXIC exceeds 20,070.08 and stays below its all-time high of 20,204.50 an important secondary peak could be reached”. The hourly Nasdaq Composite chart -Trading View symbol (IXIC) shows what happened. IXIC exceeded the presumed Minor wave “A” of an Elliott waveContinue reading “Nasdaq Composite Threads the Needle – 01/24/25”
Evidence of a Major U.S. Stock Market Top – 01/24/25
Long-term momentum and sentiment readings for U.S. stocks suggests a major peak is forming. On 01/24/25 the S&P 500 (SPX) continued its recent pattern of making a new all-time high unconfirmed by the other two main U.S. stock indices, Dow Jones Industrial Average and Nasdaq Composite. This significant bearish divergence is just one factor inContinue reading “Evidence of a Major U.S. Stock Market Top – 01/24/25”
All – Time High S&P 500 – 01/22/25
Today 01/22/25 the S&P 500 (SPX) made a new all-time high unconfirmed by the Dow Jones Industrial Average (DJI) and the Nasdaq Composite. This by itself is a potentially very bearish momentum signal. The daily SPX chart courtesy of BigCharts.com updates its action. BigCharts.com – Slow Stochastic indicator is very effective in discovering potential trendContinue reading “All – Time High S&P 500 – 01/22/25”
The MAGA Rallies
After the election of Donald Trump as U.S. President on 11/05/24 the Dow Jones Industrial Average (DJIA) rallied for 19- trading days. Currently the DJIA is rising just prior to Trump’s inauguration as President on 01/20/25. Could this latest “Make America Great Again” (MAGA) rally be the start of a multi- month bull market orContinue reading “The MAGA Rallies”
How to Discover Support and Resistance Levels
The 01/11/25 blog “U.S. Stock Market Short- Term Rise Complete?” noted. “If on 01/13/25 the SPX declines more than 1.50% from its session close of 01/10/25 , it could be just the start of a very steep decline. Otherwise, be prepared for another U.S. stock market rally”. On 01/13/24 the SPX declined less than 1.50%,Continue reading “How to Discover Support and Resistance Levels”
A Golden Triangle?
Gold in U.S. dollars since the late October 2024 peak appears to be forming an Elliott wave – Horizontal Triangle. Elliott wave – Horizontal Triangles are corrective formations composed of five sub waves. Each sub wave further subdivide into three wave or a combination of three wave patterns. They are net sideways movements and formContinue reading “A Golden Triangle?”
U.S. Stock Market Short-Term Rise Complete?
The 01/02/25 blog “Probable Short-Term Rise for U.S. Stocks – 01/02/25” noted “Near – term the bulls appear poised for a rebound”. The subsequent rally only lasted two trading days, and on 01/10/25 the rise was completely retraced. Is the new low the start of a major move down? Momentum evidence reveals some interesting clues,Continue reading “U.S. Stock Market Short-Term Rise Complete?”
Four Dimension Trading 