Pushing Towards the Trendline?

The S&P 500 (SPX) all-time high on 07/15/25 invalidated the potential Lunar signal made at the 07/10/25 Full Moon.  The rising long – term SPX trendline could still be an important resistance area. The daily SPX chart courtesy of Trading View updates the action. If in the next few trading days, the SPX reaches aContinue reading “Pushing Towards the Trendline?”

Bitcoin Lunar Signal – 07/11/25

Bitcoin (BTCUSD) has a lunar signal like the S&P 500. The daily BTCUSD chart courtesy of Trading View illustrates the action. BTCUSD has hit a long – term rising trendline at the time of a Full Moon with an RSI bearish divergence.  This combination of factors implies BTCUSD could be on the cusp of atContinue reading “Bitcoin Lunar Signal – 07/11/25”

Lunar Alert – 07/11/25

On 07/10/25 the S&P 500 (SPX) moved above the prior weekly high invalidating a bearish Strat combo.   However, the new high occurred on a Full Moon with an important daily bearish momentum signal. The weekly SPX chart courtesy of Trading View updates the long view. The 07/04/25 blog “Pre Holiday Stock Rally – 07/03/25” illustratedContinue reading “Lunar Alert – 07/11/25”

Discovering Potential Support Areas

If the S&P 500 (SPX) soon declines, two methodologies could discover potential support zones. The weekly SPX chart courtesy of Trading View illustrates a possible Strat combo for the week of 07/07/25 to 07/11/25. The Strat method is very simple and can identify possible breakthrough points and potential targets areas. The method utilizes three priceContinue reading “Discovering Potential Support Areas”

Unusual Pre – Holiday Stock Trading – 07/03/25

When a major U.S. holiday occurs Monday through Friday the NYSE suspends trading for that day.  Occasionally the day before or after the holiday could have a shortened trading day.   The NYSE had shortened trading hours on 07/03/25 because Friday 07/04/25 was the U.S. Independence Day holiday.  Shortened stock trading sessions usually have aContinue reading “Unusual Pre – Holiday Stock Trading – 07/03/25”

Pre-Holiday Stock Rally – 07/03/25

In a shortened pre – holiday session the S&P 500 (SPX) blasted up to new highs.   Near – term U.S. stocks could climb higher.  In the longer – term the post 04/07/25 stock rally is probably the termination phase of a secular bull market that began in March 2020.  Prior blogs on this website illustratedContinue reading “Pre-Holiday Stock Rally – 07/03/25”

Trend Angles into the Final Countdown

The S&P 500 (SPX) rally since 04/07/25 has a steeper angle than any other rally in nearly three years.  This action could be the sign of a blow off top. The daily SPX chart courtesy of Trading View examines the bull market since the significant bottom made in October 2022. The rally angle since 04/07/25Continue reading “Trend Angles into the Final Countdown”

Reaction to Big News

The U.S. attack on the Iranian nuclear facility was HUGE news.  Presumably the escalation of violence in the middle east could trigger a large global stock decline.  It did not.  The S&P 500 (SPX) opened the 06/23/25 session above the 06/20/25 session close, then rallied for 50 – minutes.  During the subsequent decline SPX wentContinue reading “Reaction to Big News”

Rounding Top for U.S. Stocks? – Part Two

This website 06/19/25 blog illustrated that the S&P 500 (SPX) had formed a rounding top – a prelude to a sharp decline. 06/20/25 was a quadruple witching day. This event occurs four times a year, specifically on the third Friday of March, June, September, and December. These days, four types of financial derivatives expire simultaneously:Continue reading “Rounding Top for U.S. Stocks? – Part Two”

Rounding Top for U.S. Stocks?

The 06/15/25 blog “Termination Patterns Completed” illustrated that the S&P 500 (SPX) probably completed an Elliott wave – Ending Diagonal Triangle.  Usually after completion of this pattern there’s a rapid change of direction.  However, since the SPX 06/11/25 peak the tenacious bulls have kept prices in a sideways range.   Could this be the prelude toContinue reading “Rounding Top for U.S. Stocks?”