Category Archives: Price

Downside Breakthrough – 02/27/25

The 02/22/25 blog “Short-Term S&P 500 Downside Target” noted that a break below S&P 500 (SPX) 6,003.00 could open the door for a move down to the 5,700 area. The daily SPX chart courtesy of Trading View updates the action. The important support at 6,003.00 was broken and the SPX is in a steep decline.Continue reading “Downside Breakthrough – 02/27/25”

Tesla Inc. Could Soon Reach 215.00

On 02/07/24 Tesla Inc. (TSLA) broke decisively below important support.  This movement implies the start of a significant move down  to near 215.00 sometime in February or March 2025. The daily TSLA chart courtesy of Trading View shows the action since June 2024. The Volume Profile indicator is a  great forecasting tool to discover potentialContinue reading “Tesla Inc. Could Soon Reach 215.00”

Outlook for the S&P 500 in 2025

The 01/25/25 blog “Evidence of a Major U.S. Stock Market Top – 01/24/25” illustrated  that U.S. stocks could be on the verge of at least a multi-month bear market.  Assuming the hypothesis is correct, Volume Profile analysis could be helpful discovering potential support zones in a developing bear market. The Volume Profile method places volumeContinue reading “Outlook for the S&P 500 in 2025”

More Clues from the Dow Jones Industrial Average

An update of the three main U.S. stock indices. The 3 – hour Nasdaq Composite (IXIC) chart courtesy of Trading View illustrates its performance. Throughout most of 2024 IXIC led the way higher.  Now in 2025 it’s the upside laggard or perhaps the downside leader.   At the close of the 02/06/25 session this Tech heavyContinue reading “More Clues from the Dow Jones Industrial Average”

A Super Rally for U.S. Interest Rates?

In the coming months U.S. Treasury yields/rates could have a dramatic rise. Most attention is on what action the U.S. – FOMC could take in 2025.  The FOMC controls the short-term interest rates, and they are expected to cut rates twice in 2025.  They have no control over long – term rates which have beenContinue reading “A Super Rally for U.S. Interest Rates?”

All – Time Highs Totally Rejected

On 01/31/25 both the Dow Jones Industrial Average (DJI) and the S&P 500 (SPX) made runs to make new all -time highs.  They failed miserably. The DJI – two – hour chart courtesy of Trading View shows its action since its all-time high in early December 2024. In the first minute of the DJI tradingContinue reading “All – Time Highs Totally Rejected”

U.S. Stocks Testing All-Time Highs – 01/30/25

The hourly Dow Jones Industrial Average (DJI) and S&P 500 (SPX) chart courtesy of Trading View shows their recent action. On 01/24/25 SPX made its all-time high unconfirmed by the DJI, and Nasdaq Composite – a potentially very bearish momentum signal.  Subsequently on 01/27/25 there was a micro crash in Tech stocks which the DJIContinue reading “U.S. Stocks Testing All-Time Highs – 01/30/25”

Nasdaq Composite Threads the Needle – 01/24/25

The 01/23/25 blog “Watch the Nasdaq Composite – 01/23/25” noted , “If on 01/24/25 IXIC exceeds 20,070.08 and stays below its all-time high of 20,204.50 an important secondary peak could be reached”. The hourly Nasdaq Composite chart -Trading View symbol (IXIC) shows what happened. IXIC exceeded the presumed Minor wave “A” of an Elliott waveContinue reading “Nasdaq Composite Threads the Needle – 01/24/25”

The MAGA Rallies

After the election of Donald Trump as U.S. President on 11/05/24 the Dow Jones Industrial Average (DJIA) rallied for 19- trading days.  Currently the DJIA is rising just prior to Trump’s inauguration as President on 01/20/25.   Could this latest “Make America Great Again” (MAGA)  rally be the start of a multi- month bull market orContinue reading “The MAGA Rallies”