Could Gold be in the Middle of a Bear Market?

From late 2025 to early 2026 both Gold and Silver were in spectacular bull markets.  From October 2025 to January 2026 Gold climbed 44.5%, Silver climbed 168.7%! The 02/01/26 blog “Silver Crash – January 2026” noted that silver probably made a bull market peak on 01/29/26.  Gold peaked on the same day.  Since then, bothContinue reading “Could Gold be in the Middle of a Bear Market?”

Crude Oil Trendline Watch – June 2026

The 04/18/26 blog “Collapsing Crude Oil? – April 2026” illustrated the bullish and bearish scenarios for Crude Oil.  Since then, Crude Oil has trended sideways.  Weekly momentum implies a multi-month downtrend may have begun. The weekly Crude Oil (CL2!) chart courtesy of Trading View shows the long-term picture. Weekly MACD has a bearish line cross.Continue reading “Crude Oil Trendline Watch – June 2026”

Record of Diminishing Fear

Since the 2020 Covid crash S&P 500 (SPX) bear markets have gotten progressively smaller. The monthly SPX chart courtesy of Trading View reveals a fascinating phenomenon. Durning the 2020 Covid crash SPX declined 35.4%. The 2022 bear market declined 27.5%. The 2025 bear market fell 21.3%. The 2026 decline was only 9.8%. The bulls haveContinue reading “Record of Diminishing Fear”

Using Bitcoin to Time the U.S. Stock Market – June 2026

Bitcoin (BTCUSD) bull and bear markets roughly correspond with S&P 500 (SPX) bull and bear markets.  If the SPX has just started a multi-month bear market BTCUSD could forecast the end of the bear market. The monthly BTCUSD and SPX charts courtesy of Trading View illustrate their long-term relationship. BTCUSD and SPX bear markets endContinue reading “Using Bitcoin to Time the U.S. Stock Market – June 2026”

Support Levels for the S&P 500 – June 2026

The drop in U.S. stocks on 06/05/26 implies a multi-week may have begun.  If so, where are near-term support levels?  The weekly S&P 500 (SPX) chart courtesy of Trading View provides clues. The starting point for market/stock analysis is segmentation.  In this case the most significant segment is the 03/30/26 to 06/02/26 rally.  A combinationContinue reading “Support Levels for the S&P 500 – June 2026”

  Potentially Important Peak – June 2026

Several factors imply U.S. stocks may have made an important top. The 30 – minute S&P 500 (SPX) chart courtesy of Trading View illustrates the intraday action since late March 2026. The 05/31/26 blog “S&P 500 – Upside Target – June 2026” illustrated potential Fibonacci resistance at 7,626.44, the high on 06/02/26 was 7,620.90.  Continue reading ”  Potentially Important Peak – June 2026″

Massive Rally of Micron Technology Inc.

The 05/23/26 blog “Dow Industrials – From Lagger to Leader” illustrated that on 05/22/26 only one of the three main U.S. indices; S&P 500 (SPX), Nasdaq Composite (IXIC), and Dow Jones Industrial Average (DJI) made an all-time high. The blog also noted “The potential bearish signal made on 05/22/26 will be invalidated if two ofContinue reading “Massive Rally of Micron Technology Inc.”

The Spectacular Nasdaq Rally

The U.S. stock market rise since 03/30/26 has been relentless with only the tiniest of pullbacks. Of the three main U.S. stock indices, Nasdaq Composite (IXIC) has a 29% gain vs. S&P 500 gain of 19%, and Dow Jones Industrial Average 12%. A look underneath the surface reveals a different picture. The daily Nasdaq –Continue reading “The Spectacular Nasdaq Rally”

Characteristics of a U.S. Stock Market Peak

The U.S. stock market rally since 03/30/26 has been steep and relentless and as of 05/15/26 appears likely to continue.  The daily S&P 500 (SPX) and Nasdaq Composite (IXIC) charts courtesy of Trading View examines two potentially bearish factors.  Several important U.S. stock market peaks since early 2000 have occurred when only one of theContinue reading “Characteristics of a U.S. Stock Market Peak”

The Nvidia Market

The 05/07/26 blog “The Fibonacci 1.618 – Solution” illustrated that the S&P 500 (SPX) had potential Fibonacci resistance at SPX 7,426.  On 05/14/26 SPX reached 7,517, there’s always leeway around Fibonacci support/resistance levels.  The high on 05/14/26 was 91 – points above the Fibonacci bullseye level – likely outside the leeway zone. The doors openContinue reading “The Nvidia Market”