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”
Category Archives: Price
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”
Nasdaq Composite Threads the Needle – 01/24/25
The 01/23/25 blog “Watch the Nasdaq Composite – 01/23/25” noted , “If on 01/24/25 IXIC exceeds 20,070.08 and stays below its all-time high of 20,204.50 an important secondary peak could be reached”. The hourly Nasdaq Composite chart -Trading View symbol (IXIC) shows what happened. IXIC exceeded the presumed Minor wave “A” of an Elliott waveContinue reading “Nasdaq Composite Threads the Needle – 01/24/25”
The MAGA Rallies
After the election of Donald Trump as U.S. President on 11/05/24 the Dow Jones Industrial Average (DJIA) rallied for 19- trading days. Currently the DJIA is rising just prior to Trump’s inauguration as President on 01/20/25. Could this latest “Make America Great Again” (MAGA) rally be the start of a multi- month bull market orContinue reading “The MAGA Rallies”
Important U.S. Stock Market Update – 01/17/25
This websites prior blog noted that the S&P 500 (SPX) had powerful resistance in the area of the declining trendline connecting the12/26/24 and 01/06/25 peaks. Trading View has a stock index called SPX 500 symbol SPX500 which tracks the movements of the S&P 500 futures with equivalent price levels to the SPX. This allows youContinue reading “Important U.S. Stock Market Update – 01/17/25”
How to Discover Support and Resistance Levels
The 01/11/25 blog “U.S. Stock Market Short- Term Rise Complete?” noted. “If on 01/13/25 the SPX declines more than 1.50% from its session close of 01/10/25 , it could be just the start of a very steep decline. Otherwise, be prepared for another U.S. stock market rally”. On 01/13/24 the SPX declined less than 1.50%,Continue reading “How to Discover Support and Resistance Levels”
Another Rise for U.S. Treasury Yields
The 09/06/24 blog “U.S. Treasury Yield Update – 09/06/24” had these comments. “The other factor that could contribute to TYX trending lower is the U.S. FOMC interest rate decision on 09/18/24. It’s widely expected that they will cut short-term interest rates by at least .25 basis points, perhaps more. This could be a classic caseContinue reading “Another Rise for U.S. Treasury Yields”
Watch Tesla Inc.
In November 2021 Tesla Inc. (TSLA) made a major top then underperformed the S&P 500 (SPX) for nearly three years. Then in the last quarter of 2024 -TSLA roared back to life, outperforming the SPX and made a new all-time high. In the coming days TSLA could be an important indicator for the U.S. stockContinue reading ” Watch Tesla Inc.”
Gold Elliott Wave Count – 01/03/25
The 12/15/24 blog “Gold Downside Forecast – December 2024” noted Gold Continuous Futures could reach 2,500 to 2,450 in late December 2024. Price subsequently declined, then rallied. Elliott wave analysis and the Ichimoku Cloud indicator provide clues to what may happen in the coming weeks. The daily Continuous Gold Futures (GC1!) courtesy of Trading ViewContinue reading “Gold Elliott Wave Count – 01/03/25”
Probable Short- Term Rise for U.S. Stocks – 01/02/25
Long – term evidence implies U.S. stocks could be in the early stages of a multi-month decline. Near – term the bulls appear poised for a rebound. The 30 – minute S&P 500 (SPX) chart courtesy of Trading View illustrates short- term external momentum. On 01/02/25 the SPX broke marginally below important support made onContinue reading “Probable Short- Term Rise for U.S. Stocks – 01/02/25”
Four Dimension Trading 