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”
Category Archives: Sentiment
Sentiment and Momentum for U.S. Stocks at Amazing Levels
The daily VIX chart courtesy of Trading View illustrates long term sentiment. The VIX, which is also referred to as the fear index, is very effective identifying S&P 500 (SPX) bottoms. VIX spikes up correspond to SPX spikes down. The big question, how high do the VIX spikes go before the SPX bottoms? The RSIContinue reading “Sentiment and Momentum for U.S. Stocks at Amazing Levels”
Evidence of a Major U.S. Stock Market Top – 01/24/25
Long-term momentum and sentiment readings for U.S. stocks suggests a major peak is forming. On 01/24/25 the S&P 500 (SPX) continued its recent pattern of making a new all-time high unconfirmed by the other two main U.S. stock indices, Dow Jones Industrial Average and Nasdaq Composite. This significant bearish divergence is just one factor inContinue reading “Evidence of a Major U.S. Stock Market Top – 01/24/25”
Gold Update – 12/06/24
The 11/16/24 blog “Gold Sentiment – November 2024” noted that Gold could make at least an intermediate bottom by late December 2024 or early January 2025. As of 12/06/24 it appears Gold could continue trending lower. The weekly Gold futures chart courtesy of Barchart.com updates Gold sentiment. The Commitment of Traders (COT) tracks the netContinue reading “Gold Update – 12/06/24”
Gold Sentiment – November 2024
Commitment of Traders (COT) can be used to discover significant peaks/bottoms for several markets. COT is not effective for all markets its most useful for commodities, Agriculture, Metals, and Energy. COT is not a precise timing tool, most times it identifies broad time frames where a turn could occur. The weekly Gold Futures chart courtesyContinue reading “Gold Sentiment – November 2024”
U.S. Stock Market Momentum and Sentiment – 11/08/24
The 10/13/24 blog “ U.S. Stock Market Momentum and Sentiment – 10/11/24” illustrated bearish evidence for both dimensions. One month later the situation for one of the dimensions dramatically changed. The NYSE 52 – week highs chart courtesy of Barchart.com shows internal momentum. In early October 2024 there was a double bearish divergence for NYSEContinue reading “U.S. Stock Market Momentum and Sentiment – 11/08/24”
U.S. Stock Market Momentum and Sentiment – 10/11/24
A web of Fibonacci time cycles indicate that the S&P 500 (SPX) could make a significant turn on or near 10/11/24. Price has risen into the time zone implying a top could form. Price is not the only determining factor to discover potential tops or bottoms. Evidence from sentiment and momentum indicators is needed toContinue reading “U.S. Stock Market Momentum and Sentiment – 10/11/24”
Crude Oil Trending Down – 09/27/24
Crude Oil is seasonally bearish into December, the current decline could continue for several weeks. The weekly Crude Oil – continuous next contract chart (CL2!) courtesy of Trading View illustrates the long – term view. Crude Oil could be drawn down to a Fibonacci .618 retracement of the April 2020 to March 2022 bull market.Continue reading “Crude Oil Trending Down – 09/27/24”
U.S. Stock Market Sentiment – 09/27/24
Sentiment readings for U.S. stocks late September 2024 are shockingly bearish. The CBOE Volatility Index (VIX) sometimes called the fear index is very effective in discovering S&P 500 (SPX) bottoms. Sharp spikes up in the VIX usually correspond to significant SPX bottoms. You may think that VIX lows correspond to SPX peaks. This is notContinue reading “U.S. Stock Market Sentiment – 09/27/24”
Gold – Elliott Wave Count – 09/13/24
Gold in U.S. dollars (XAUUSD) could soon make a primary degree peak. The daily Gold chart courtesy of Trading View illustrates the Elliott wave count since October 2022. Elliott wave analysis is a process of breaking markets into segments. You start from the most significant high or low to discover the main segment. From thatContinue reading “Gold – Elliott Wave Count – 09/13/24”
Four Dimension Trading 