Category Archives: Price

Additional S&P 500 – Support Zones – Part Two

A main aspect of the Strat method is that a break of the high/low of the prior bar could target the high /low of the next prior bar.  The quarterly – three-month S&P 500 (SPX) chart courtesy of Trading View illustrates a potential major break point. The next quarterly bar bottom is at 6,177.97, aContinue reading “Additional S&P 500 – Support Zones – Part Two”

Additional S&P 500 – Support Zones

All markets go through a cycle of growth and rest.   Unending growth is not possible, at some point there’s needs to be rest, in terms of a stock market the “rest’ is a decline.  Sometimes events outside the domain of normal economic activity could increase the depth of a stock market decline. The Covid crisisContinue reading “Additional S&P 500 – Support Zones”

Resistance at the 200 – Day Moving Average – March 2026

The 03/07/26 blog “S&P 500 – Support Zone – March 2026” noted “If the SPX trends down, there’s a good chance a bottom could be made in the 6,550 to 6,470 area”. The 03/21/26 blog “S&P 500 – Support Zone Reached – 03/20/26” noted “On 03/20/26 the S&P 500 (SPX) bottomed out at 6,473.52”. TheContinue reading “Resistance at the 200 – Day Moving Average – March 2026”

The Case for Higher U.S. Interest Rates – March 2026

The 03/14/26 blog “Update U.S. 30 – Year Treasury Yield – Elliott Wave Count – 03/13/26” illustrated that the U.S. 30 – Year Treasury Yield (TYX) had probably completed a multi- year Elliott wave – Horizontal Triangle. The weekly TYX chart courtesy of Trading View updates the action. During the week of 03/16/26 to 03/20/26Continue reading “The Case for Higher U.S. Interest Rates – March 2026”

S&P 500 – Support Zone Reached – 03/20/26

The prior blog “Near the S&P 500 – 200 – Day Moving Average” noted, “Using the SPX – 200 – day SMA with daily RSI and potential Fibonacci support could identify at least a short- term bottom sometime in the next two weeks”. The support zone was 6,550 to 6,470.  On 03/20/26 the S&P 500Continue reading “S&P 500 – Support Zone Reached – 03/20/26”

Near the S&P 500 – 200 – Day Moving Average

In the next one or two trading days the S&P 500 (SPX) could touch or break the 200 – day Simple Moving Average (SMA) line. The daily SPX chart courtesy of Trading View illustrates the action since November 2024. Please note that the last time the SPX was approaching the 200 – day SMA wasContinue reading “Near the S&P 500 – 200 – Day Moving Average”

 Long-Term View of Crude Oil – March 2026

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″

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”