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”
Category Archives: Price
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”
Sentiment – U.S. Stock Market – January 2026
Market sentiment can be measured in two ways; bets made by traders such as Put and Call options, or by polling. Market Vane began polling market opinions in 1964. Their Bullish Consensus is the degree of bullish sentiment for a particular market. The Bullish Consensus is compiled by tracking the buy and sell recommendations ofContinue reading “Sentiment – U.S. Stock Market – January 2026”
Momentum for U.S. Stocks – 01/09/26
The release of the monthly U.S. Non-Farm Payroll report at 8:30 AM – EDT on 01/09/26 triggered a rally in U.S stock Futures. When the cash S&P 500 session began there was a five – minute rally followed by a 30 – minute decline. After that drop the S&P 500 rallied to a new all-timeContinue reading “Momentum for U.S. Stocks – 01/09/26”
Upside Target Reached – 01/08/26
Several of this website’s blogs have noted the S&P 500 (SPX) had potentially significant Fibonacci resistance at 6,958.48. On 01/07/26 SPX peaked at 6,965.69. The 30- minute SPX chart courtesy of Trading View updates the action. The presumed Elliott wave – Ending Diagonal Triangle from the 11/21/25 bottom could be complete. The 30 – minuteContinue reading “Upside Target Reached – 01/08/26”
Intraday S&P 500 – Elliott Wave Count – 01/02/26
There are always alternate Elliott wave counts. One S&P 500 (SPX) path points to potentially important resistance. The 30-minute SPX chart courtesy of Trading View shows a possible Elliott wave count. The SPX 12/26/25 to 01/02/26 decline has two Elliott wave interpretations. The entire drop could be a correction of the prior uptrend. Specifically, anContinue reading “Intraday S&P 500 – Elliott Wave Count – 01/02/26”