Category Archives: Price

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”

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”