Category Archives: Price

Trendline Breakthrough – 05/12/25

On 05/12/25 the S&P 500 (SPX) broke above the trendline, connecting the 04/09/25 and 05/02/25 peaks.  The SPX also move above the 03/25/25 peak and the 200 – Simple Moving Average (SMA). The only significant factor that could be bearish is that the move up to new post 04/07/25 rally highs occurred on a FullContinue reading “Trendline Breakthrough – 05/12/25”

Follow the Trendlines

Trendline analysis could identify the next significant S&P 500 (SPX) turn. The two – hour SPX chart courtesy of Trading View updates the action. Since 04/09/25 the SPX has been trading within a rising wedge which is typically bearish.  The upper trendline intersects with the 03/25/25 peak on 05/12/25.   Note that the two – hourContinue reading “Follow the Trendlines”

S&P 500 – Pushes Higher – 05/08/25

The prior blog “S&P 500 Rallies into the Heart of Resistance – 05/01/25” noted. “The 04/27/25 blog “Short-Term Outlook for U.S. Stocks – 04/25/25” illustrated that during the 2022 bear market SPX stocks above the 20 – day moving average during the March and August bear market rallies had readings above 90.   The reading onContinue reading “S&P 500 – Pushes Higher – 05/08/25”

S&P 500 Rallies into the Heart of Resistance – 05/01/25

On 05/01/25 the S&P 500 (SPX) rallied into a major resistance zone and then turned down.  An important peak for U.S. stocks could be in place. The daily SPX chart courtesy of BigCharts.com updates the action. This website prior blog illustrated SPX – Volume Profile and Fibonacci analysis illustrated that there was Volume Profile andContinue reading “S&P 500 Rallies into the Heart of Resistance – 05/01/25”

Rally into the Heart of Resistance?

The prior blog “Short-Term Outlook for U.S. Stocks – 04/25/25” noted “U.S. stocks could continue to rally into the week of 04/28/25 to 05/02/25”. An important peak for U.S. stocks could be made on 05/01/25.  The hourly S&P 500 (SPX) chart courtesy of Trading View updates the action. The Volume Profile method places volume onContinue reading “Rally into the Heart of Resistance?”

Short-Term Outlook for U.S. Stocks – 04/25/25

U.S. stocks could continue to rally into the week of 04/28/25 to 05/02/25. The daily S&P 500 (SPX) chart courtesy of BigCharts.com illustrates the recent action. As of 04/25/25 only the upper line of the Slow Stochastic has reached the overbought zone which begins at 80.00.  The lower line is at about 70.00.   The readingContinue reading “Short-Term Outlook for U.S. Stocks – 04/25/25”

Gold and Silver Update – 04/25/25

The 04/19/25 blog “Near-Term Gold Shorting Opportunity- 04/17/25” illustrated a potential STRAT – shorting set up for Gold and noted “If next week Gold exceeds 3,371.90 and does not go below 3,208.70 the sell strategy is invalidated.”  Subsequently Gold did move above 3,371.90 and failed to drop below 3,208.70.  A major reason for the continuingContinue reading “Gold and Silver Update – 04/25/25”

   Into Overhead Resistance

The S&P 500 (SPX) has reached the edge of overhead resistance. The SPX has a trading range from 5,500 to 5,700 made in March 2025.   Traders/investors that went long stocks in this zone quickly experience a sharp market decline.   This is overhead resistance where many stock buyers could sell rising stocks. The daily SPX chartContinue reading ”   Into Overhead Resistance”

Near-Term Silver Shorting Opportunity – 04/17/25

The 04/19/25 blog “Near-Term Gold Opportunity – 04/17/25” Ilustrated a strategy to potentially profit from a near – term drop in Gold.   The conditions for Silver are the same, the profit opportunity could be greater. The weekly Gold Futures (GC1!) and weekly Silver Futures (SI1!) chart courtesy of Trading View illustrates their relationship. On theContinue reading “Near-Term Silver Shorting Opportunity – 04/17/25”