Last week Crude Oil spiked up over 30%. Long-term analysis puts this move in perspective. The monthly continuous futures chart – Trading View symbol “CL2!” illustrates the action back to 2006. During early 2022 price went 25% above the upper Bollinger Band. Currently Crude Oil is only 9% above the upper Bollinger Band. In 2008Continue reading ” Long-Term View of Crude Oil – March 2026″
Category Archives: Price
S&P 500 – Support Zone – March 2026
Since mid – December 2025 the S&P 500 (SPX) has been in a narrow choppy range, frustrating both bulls and bears. If the bears can break through nearby support, it could drop SPX to a more significant support zone. The daily SPX chart courtesy of StockCharts.com illustrates three momentum oscillators. On 12/17/25, 03/03/26, and 03/06/26Continue reading “S&P 500 – Support Zone – March 2026”
Nvidia Support Levels
Nvidia Corporation (NVDA) in 2025 was one of the most bullish U.S. stocks. From April to October 2025, it gained 145%. Since its all-time high in October 2025, it has failed to keep pace with the U.S. stock bull market. Is this just a small correction in an on going NVDA bull move, or theContinue reading “Nvidia Support Levels”
Rounding Top?
The 02/23/26 blog “NYSE Composite Target Reached – 02/23/26” illustrated that the NYSE Composite had completed an Elliott wave – Ending Diagonal Triangle. The sharp decline on 02/23/26 appeared to be the start of a 10% multi-week drop. Stock bulls had other plans, and on 02/26/26 the NYSE Composite exceeded the peak made on 02/23/26Continue reading “Rounding Top?”
Dow Jones Industrial Average – Anniversary Turn
The 02/08/26 blog “Incredible Dow Jones Industrial Average – Time Cycles” illustrated that the Dow Jones Industrial Average (DJI) could be making an important peak near the 60 – year anniversary of the major DJI top made on 02/09/66. The DJI all-time high made on 02/10/26 may have reached its ultimate top one day afterContinue reading “Dow Jones Industrial Average – Anniversary Turn”
Dow Industrials at 50,000!
February 6, 2026, was a historic day the Dow Jones Industrial Average (DJI) made a new all-time and reached 50,000. What could also be historic is a potential Elliott wave pattern and possible Fibonacci resistance level. First an update on internal U.S. stock market momentum. The prior blog “February Downside Rollover – 02/05/26” noted thatContinue reading “Dow Industrials at 50,000!”
February Downside Rollover – 02/05/26
The S&P 500 has broken below a rising daily wedge and could decline to at least the area near the 11/21/25 bottom. The daily S&P 500 ($SPX) chart courtesy of StockCharts.com illustrates short-term momentum. Daily Slow Stochastic made a bearish divergence peak in the overbought zone and now has a bearish line cross. Both linesContinue reading “February Downside Rollover – 02/05/26”
Silver Crash – January 2026
The 12/28/25 blog “Parabolic Silver – December 2025” compared the current Silver boom with the Silver mania from late 1979 to early 1980. Noting that to match the percentage gain of the January 1980 silver top, price could peak around 137.00. Silver reached 121.64 on 01/29/26 then crashed. The 01/25/26 blog “Welcome to ParabolicContinue reading “Silver Crash – January 2026”
Welcome to Parabolic City
The 12/28/25 blog “Parabolic Silver – December 2025” noted. “If Silver continues to climb, could it move up 203% from the late October 2025 bottom? Siver closed the week of 12/26/25 at 79.32. If it can match the ten – week post November 1979 rally it would bring Silver to around 137.00 sometime in earlyContinue reading ” Welcome to Parabolic City”
Drop and Reversal
The action of stocks during the week of 01/18/26 to 01/24/26 was like what happened in April 2025. A drop on bearish tariff news then a rally on bullish tariff news. Intraday and daily price action give clues to what may occur next week. Trading View has a stock index – symbol (SPX500). This indexContinue reading “Drop and Reversal”