The Israel attacks on Iran triggered a seven percent move up in Crude Oil price. This surge could be the early part of a multi-month bull market. The monthly Crude Oil – Continuous contract (CL2!) chart courtesy of Trading View illustrates the long-term view. A three-year Crude Oil bear market may have concluded at theContinue reading “Crude Oil Spike Up – 06/13/25”
Category Archives: Price
Bearish Flip Day for U.S. Stocks
There’s a high probability that U.S stocks have flipped from a bullish to bearish trend on 06/11/25. The daily S&P 500 (SPX) chart courtesy of Trading View updates the action. On 06/11/25 the SPX made a new post 04/07/25 rally high, yet it ended the session below the close of the 06/10/25 session. Also, thereContinue reading “Bearish Flip Day for U.S. Stocks”
Important Support and Resistance Levels for U.S. Stocks
Elliott wave patterns for the S&P 500 (SPX) reveal important points to watch on 06/09/25. After the 04/07/25 U.S. stock market bottom the Nasdaq 100 (NDQ) was leading the way higher. In mid – May – NDQ had a subtle sign of weakness. On 05/16/25 the S&P 500 (SPX) made a new rally high thatContinue reading “Important Support and Resistance Levels for U.S. Stocks”
The Strongest Magnificent Seven Stock
The prior blog “Tesla Downside Action” examined the weakest Magnificent Seven Stock – Tesla Inc. The focus now shifts to the strongest Magnificent Seven stock – Microsoft Corporation (MSFT), which so far is the only one of the seven stocks to make a new all-time high. The weekly MSFT chart courtesy of Trading View illustratesContinue reading “The Strongest Magnificent Seven Stock”
Tesla Inc. Downside Action
The 06/01/25 blog “Could One Stock Signal a U.S. Bear Market?” noted that Tesla Inc. (TSLA) had generated amazing signals in the prior two trading days. The following daily chart courtesy of Trading View is a reprint of the TSLA chart illustrated in the 06//01/25 blog. The blog concluded with this forecast. “In the comingContinue reading “Tesla Inc. Downside Action”
Could One Stock Signal a U.S. Bear Market?
A major U.S. stock could be an important indicator for the near future. First a look at the big picture. The daily S&P 500 (SPX) and Nasdaq 100 (NDX) chart courtesy of Trading View illustrates their relationship. The NDX since its 04/07/25 bottom has been the leader on the upside, gaining 31.3% vs. the SPXContinue reading “Could One Stock Signal a U.S. Bear Market?”
Stock Market Bulls Stike Back – 05/29/25
This website’s 05/25/25 blog illustrated that the S&P 500 (SPX) had a potentially bearish Elliott wave count. As it turns out the SPX – 200 – day Simple Moving Average (SMA) line support held. The daily SPX chart courtesy of Trading View illustrates what happened. Most of the time a market or stock will trendContinue reading “Stock Market Bulls Stike Back – 05/29/25”
Potentially Very Bearish Elliott Wave Count – 05/23/25
A very sharp S&P 500 (SPX) decline could occur during the week of 05/27/25 to 05/30/25. The SPX 30 – minute chart courtesy of Trading View zooms in on the intraday Elliott wave count. It’s possible that the SPX move down from the 05/19/25 peak is an Elliott wave series of “one’s” and “two’s” down. Continue reading “Potentially Very Bearish Elliott Wave Count – 05/23/25”
S&P 500 – 200 – Day Simple Moving Average Update – 05/23/25
On 05/23/25 the S&P 500 (SPX) hit and closed the trading session just above its 200 – day Simple Moving Average (SMA). What the SPX does during the week of 05/27/25 to 05/30/25 could determine its course into at least mid – July 2025. The daily SPX chart courtesy of Trading View illustrates what’s happened.Continue reading “S&P 500 – 200 – Day Simple Moving Average Update – 05/23/25”
Daily Sell Signals for the S&P 500 – 05/21/25
Daily S&P 500 (SPX) Stochastic has a bearish line cross. Daily RSI has crossed below its moving average line. The daily SPX chart courtesy of Trading View updates the action. If the SPX decisively moves below its 200 – day Simple Moving Average (SMA) and stays below the line, it could be very bearish. HowContinue reading “Daily Sell Signals for the S&P 500 – 05/21/25”
Four Dimension Trading 