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”
Category Archives: Price
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”
U.S. 10 Year Treasury Note – Bearish Forecast
In March of 2020 the U.S. 10 Year Treasury Note made a major top. The subsequent decline lasted more than three years. The rally from October 2023 to September 2024 has the characteristics of a bounce within a still developing secular bear market. The move down from the September 2024 peak could be the startContinue reading “U.S. 10 Year Treasury Note – Bearish Forecast”
U.S. Stocks Move Down – 12/27/24
This websites prior blog illustrated that the S&P 500 (SPX) had reached Fibonacci and overhead resistance and noted. “The wave “c” of a presumed Elliott Wave – Single Zigzag may have terminated on 12/26/24”. The 60-minute SPX chart courtesy of Trading View shows what happened. All three of the main U.S stock indices had significantContinue reading “U.S. Stocks Move Down – 12/27/24”
Santa Claus Rally – 12/26/24
The 12/24/24 blog “Fascinating Elliott Wave Patterns – 12/24/24” noted. “The sharp rally on 12/20/24 could be the “a” wave of an Elliott wave – Single Zigzag. If so, there’s a good chance for the SPX to rally beyond its 12/19/24 high sometime on 12/23/24 or 12/24/24.” The wave “c” of a presumed Elliott WaveContinue reading “Santa Claus Rally – 12/26/24”
Underground Bear Market
An examination of 52 -week lows for U.S. stocks reveals a developing bear market. Looking just at the action of the main U.S. stock indices, the recent decline is minor. Viewing the new – 52 – week lows shows many U.S. stock are already in a bear market. The daily S&P (SPX) 500 chart courtesyContinue reading ” Underground Bear Market”
U.S. Stocks Ready to Bounce?
This websites prior blog noted the S&P 500 (SPX) had ended the 12/18/24 main session near two support levels. The daily SPX chart courtesy of Trading View updates the action. The SPX on 12/19/24 failed to break below the upper line of the Ichimoku Cloud and chart support at 5.853.01. The 15 – minute SPXContinue reading “U.S. Stocks Ready to Bounce?”
Decisive Downside Break – 12/18/24
On 12/18/24 after the U.S. – FOMC decision the S&P 500 (SPX) decisively broke below the rising trendline connecting the 08/05/24 and 11/04/24 bottoms. The daily SPX chart courtesy of Trading View examines the situation. Daily momentum indicators imply more downside action. Only one line of Stochastic has reached the oversold zone. RSI is inContinue reading “Decisive Downside Break – 12/18/24”
Four Dimension Trading 