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”
Category Archives: Price
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”
Nvidia Support Levels
Nvidia Corporation (NVDA) in 2025 was one of the most bullish U.S. stocks. From April to October 2025, it gained 145%. Since its all-time high in October 2025, it has failed to keep pace with the U.S. stock bull market. Is this just a small correction in an on going NVDA bull move, or theContinue reading “Nvidia Support Levels”
Rounding Top?
The 02/23/26 blog “NYSE Composite Target Reached – 02/23/26” illustrated that the NYSE Composite had completed an Elliott wave – Ending Diagonal Triangle. The sharp decline on 02/23/26 appeared to be the start of a 10% multi-week drop. Stock bulls had other plans, and on 02/26/26 the NYSE Composite exceeded the peak made on 02/23/26Continue reading “Rounding Top?”
Dow Jones Industrial Average – Anniversary Turn
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”
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”