Category Archives: Momentum

U.S. stocks could continue to rally into the week of 04/28/25 to 05/02/25. The daily S&P 500 (SPX) chart courtesy of BigCharts.com illustrates the recent action. As of 04/25/25 only the upper line of the Slow Stochastic has reached the overbought zone which begins at 80.00.  The lower line is at about 70.00.   The readingContinue reading “Short-Term Outlook for U.S. Stocks – 04/25/25”

The S&P 500 (SPX) has reached the edge of overhead resistance. The SPX has a trading range from 5,500 to 5,700 made in March 2025.   Traders/investors that went long stocks in this zone quickly experience a sharp market decline.   This is overhead resistance where many stock buyers could sell rising stocks. The daily SPX chartContinue reading ”   Into Overhead Resistance”

The 04/19/25 blog “Near-Term Gold Opportunity – 04/17/25” Ilustrated a strategy to potentially profit from a near – term drop in Gold.   The conditions for Silver are the same, the profit opportunity could be greater. The weekly Gold Futures (GC1!) and weekly Silver Futures (SI1!) chart courtesy of Trading View illustrates their relationship. On theContinue reading “Near-Term Silver Shorting Opportunity – 04/17/25”

For several months Gold prices have pushed higher and could continue higher in 2025.  However, near-term conditions present an opportunity for aggressive traders to short Gold. The weekly Gold futures chart courtesy of Barchart.com updates Gold sentiment. Each week the Commitment of Traders (COT) report tracks the net contract positions for various Futures. There areContinue reading “Near-Term Gold Shorting Opportunity – 04/17/25”

The S&P 500 (SPX), Dow Jones Industrial Average, and Nasdaq Composite daily charts have their 50 – day Simple Moving Average (SMA) lines crossing below their 200 – day SMA lines.  This is called a “Death Cross” and is usually a signal for more downside action. The daily SPX chart courtesy of Trading View showsContinue reading “Death Cross Achieved”

The daily S&P 500 chart courtesy of Trading View updates the action.  Most of the time important market turns are made with at least one momentum bullish/bearish divergence.  The MACD and RSI readings are based on closing price.  The lowest S&P 500 (SPX) closing price for the decline that began on 02/19/25 was made onContinue reading “Important Near- Term S&P 500 – Support/Resistance”