Category Archives: Price

Its possible that the S&P 500 (SPX) decline from the 01/04/22 all-time high could be part of Primary wave “4” of an Elliott – five wave impulse pattern that began in  March 2009.  Fibonacci time analysis of the SPX presumed Primary wave “2” that occurred in 2010 offers some fascinating clues to what could happenContinue reading “S&P 500 – Fibonacci Time Analysis 03-15-22”

When the 50 – day Moving Average (MA) line crosses beneath the 200 – day – MA  it’s called a Death Cross – bearish signal.  When the 50 – day – MA crosses above the 200 – day – MA  it’s called a  Golden Cross – bullish signal. Recently the Dow Jones Industrial Average andContinue reading “The Infamous Death Cross”

The 03/05/22 blog “ Examination of US and German  Stock Markets” illustrated support levels for both the S&P 500 (SPX) and the German Stock Index (DEU40).  Today 03/07/22 the support levels  for both indices were  broken, opening the door for further downside action. The daily SPX chart courtesy of Trading View illustrates its next potentialContinue reading “Support Levels Broken”

Today 02/21/22 the main US stock indices were closed for the Presidents day holiday.  The German Stock Index – DAX (DEU40) was trading. Please see the daily DEU40 chart courtesy of Trading View. Since March 2020, the DEU40 has had a similar pattern to the S&P 500 (SPX) .  On 02/21/22 the DEU40 had aContinue reading “German Stock Index Could be Leading the Way Down”

The blog “S&P 500 Reaches Support Zone – 02-11-22” illustrated that the Trading View index SPX500 had bottomed at the upper boundary of a nine-column row on the 30- minute Point & Figure chart. The 30- minute Point & Figure chart courtesy of Trading View updates the progress of SPX500. Today 02/14/22 the SPX500 pushedContinue reading “Bears Push Further into Support Zone”

Markets  are perpetual battles between bulls and bears, each side testing support/resistance points and attempting breakthroughs. The 30 – minute S&P 500 (SPX) chart courtesy of Trading View illustrates a recent battle. On 02/09/22 and 02/10/22 the bulls attempted a breakthrough of the peak made on 02/02/22. Both attempts failed with the second trust upContinue reading ”      S&P 500 Reaches Support Zone – 02-11-22″

The 01/24/22 blog “Something Different is  Happening”  noted that the S&P 500 (SPX) January 2022 decline indicated  a bear market may have begun.  The vast majority of individual US stocks are probably in a bear market.  What about the main US stock indices, could any of them still make a new all-time high? The 02/02/22Continue reading “Comparison of  S&P 500 –  2007 and 2022 Tops”