Category Archives: Momentum

The Three – Minute Rally – 03/03/25

On 02/28/25 the short – term momentum for the S&P 500 (SPX) was bullish suggesting a rally of at least one trading day – it lasted three – minutes. The SPX 15 – minute chart courtesy of trading view updates the short – term action. The SPX made its 03/03/25 intraday high three – minutesContinue reading “The Three – Minute Rally – 03/03/25”

The First Elliott Wave Down – 02/28/25

On 02/28/25 the S&P 500 (SPX) appears to have completed an Elliott – Impulse wave from the all-time high made on 02/19/25.  If so, this could be the first wave of a developing bear market that could continue for months. The SPX 15 – minute chart courtesy of Trading View illustrates the action. An interestingContinue reading “The First Elliott Wave Down – 02/28/25”

What Could Cause a U.S. Economic Decline?

There are two ways to analyze markets and stocks, Fundamental and Technical. Technical analysis involves the study of price, and broadly the examination of momentum, sentiment and time.  Because markets and stocks discount the future, they usually move six to nine months before the fundamentals. Fundamental analysis for markets examines factors such as employment, inflation,Continue reading “What Could Cause a U.S. Economic Decline?”

Downside Breakthrough – 02/27/25

The 02/22/25 blog “Short-Term S&P 500 Downside Target” noted that a break below S&P 500 (SPX) 6,003.00 could open the door for a move down to the 5,700 area. The daily SPX chart courtesy of Trading View updates the action. The important support at 6,003.00 was broken and the SPX is in a steep decline.Continue reading “Downside Breakthrough – 02/27/25”

Bearish U.S. Stock Market Divergences – 02/14/25

The prior blog “Updated S&P 500 – Long -Term Elliott Wave Count -02/14/25”  noted that the S&P 500 (SPX) October to December 2022 rally – Intermediate wave (1) had a growth rate of 17.4%.  There’s usually a Fibonacci price relationship between the first and  fifth waves of motive patterns.    Assuming that the SPX 01/13/25Continue reading “Bearish U.S. Stock Market Divergences – 02/14/25”

     A Golden Triangle – Part – Two

The 01/12/25 blog “A Golden Triangle?” speculated that Gold was forming an Elliott Wave – Horizontal Triangle that could be the prelude to new highs. The daily Gold Futures Continuous Contract (GC1!) chart courtesy of Trading View updates the action. It appears a Horizontal Triangle has completed, and Gold is in a post  triangle thrustContinue reading ”     A Golden Triangle – Part – Two”

A Super Rally for U.S. Interest Rates?

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?”

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”