Category Archives: Price

A Super Rally for U.S. Interest Rates? – Part – Two

                        The 02/02/25 blog “A Super Rally for U.S. Interest Rates?” noted “In the coming months U.S. Treasury yields/rates could have a dramatic rise”.  The dramatic rise may have begun last week. The weekly U.S. 30 – Year Treasury Bond yield (TYX) chart courtesy of Trading View illustrates the long – term picture. TheContinue reading “A Super Rally for U.S. Interest Rates? – Part – Two”

Imminent Death Cross – 04/11/25

The S&P 500 (SPX) 50 – day- Simple moving average (SMA) is on the verge of crossing below the 200 – day SMA.  This presumably bearish signal called the “Death Cross” could trigger more downside action. The daily SPX chart courtesy of Trading View shows what’s happening. A Death Cross could happen in one orContinue reading “Imminent Death Cross – 04/11/25”

Important Near- Term S&P 500 – Support/Resistance

The daily S&P 500 chart courtesy of Trading View updates the action.  Most of the time important market turns are made with at least one momentum bullish/bearish divergence.  The MACD and RSI readings are based on closing price.  The lowest S&P 500 (SPX) closing price for the decline that began on 02/19/25 was made onContinue reading “Important Near- Term S&P 500 – Support/Resistance”

The Next Potential S&P 500 – Support Area

Today 04/07/25 the S&P 500 (SPX) bottomed out just above the SPX peak made in January 2022.  Please see this website 04/06/25 blog.  Assuming this bottom does not hold, there’s another support area that could be reached next week. The daily SPX – Point & Figure chart courtesy of StockCharts.com illustrates a possible support area.Continue reading “The Next Potential S&P 500 – Support Area”

S&P 500 – Price and Time Targets Hit!

The 03/16/25 blog “Forecast – S&P 500 Intermediate Bottom – 04/03/25” illustrated that the S&P 500 (SPX) could bottom around the 08/05/24 mini crash bottom 04/03/25 or 04/04/25. The 08/05/24 bottom was at 5,119.26, the low SPX low on 04/04/25 was 5,069.90.  Evidence from SPX momentum oscillators reveal clues to what could soon happen. TheContinue reading “S&P 500 – Price and Time Targets Hit!”

Alternate Time Forecast for Intermediate S&P 500 Bottom

The 03/16/25 blog “Forecast – S&P 500 Intermediate Bottom – 04/03/25” illustrated that the S&P 500 (SPX) could bottom in the 5,100 area on 04/03/25 or 04/04/25.   The price forecast remains the same and given the SPX powerful decline on 03/28/25 it’s possible to reach 5,100 by 04/03/25 or 04/04/25.   However, there is another timeContinue reading “Alternate Time Forecast for Intermediate S&P 500 Bottom”

Lessons From the 200 – Day Moving Average

A very effective indicator to determine the long – term trend of a market or a stock is the 200 – day moving average of price.  Generally, when price is above the 200 – day moving average, the trend is bullish.  When the price is below the average the trend is bearish.  When price isContinue reading “Lessons From the 200 – Day Moving Average”

S&P 500 – Resistance Update – 03/24/25

The daily S&P 500 (SPX) chart courtesy of BigCharts.com updates the action. On 03/24/25 the SPX moved above the Fibonacci .382 retracement level of the February to March 2025 decline and the 200 – day Simple Moving Average (SMA).  Of the two the widely followed 200- day SMA is more important.      If SPX continuesContinue reading “S&P 500 – Resistance Update – 03/24/25”

Using Volume Profile to Find Support and Resistance

Volume Profile places volume on a vertical axis, it displays the distribution of trading volume across different price levels over a specified period.  This helps traders identify areas of high and low trading activity and potential support/resistance levels. The 60 – minute S&P 500 (SPX) chart courtesy of Trading View illustrates recent Volume profile action.Continue reading “Using Volume Profile to Find Support and Resistance”