The current S&P 500 (SPX) bull phase that began in March 2020 has been relentless with only tiny pull backs and only one 10% correction. The last time a similar phenomenon occurred was the SPX bull market from late 1994 to mid – 1996. The daily SPX chart 1994 to 1996 courtesy of TradingContinue reading “Comparing the S&P 500 – 1994 to 1996 with 2020 to 2021”
Category Archives: Time
Market Nexus Points – Part Two
Robert Prechter’s book “Beautiful Pictures” illustrated Fibonacci time/price relationships within the Dow Jones Industrial Average bull move from July 1932 to January 2000. Prechter also examined Fibonacci time/price relationships from 1974 to 2000 that tied in with targets derived from the larger price structure. The previous blog “Market Nexus Points” illustrated Fibonacci time/price relationshipsContinue reading “Market Nexus Points – Part Two”
Market Nexus Points
Robert Prechter’s book “Beautiful Pictures” illustrated several examples in which long-term stock market structures could be divided into Fibonacci price/time sections. One example showed that the Dow Jones Industrial Average bull move from July 1932 to January 2000 was divided into two thirty-four-year sections with the 1966 peak as the nexus point. Its possible theContinue reading “Market Nexus Points”
Lunar Cycles – 2021
Full/New moons can occasionally signal turns in almost all markets. For stocks, new moons tend to signal tops. Full moons tend to signal bottoms. Lunar cycle signals appear more frequently when markets are in a multi-month sideway movements. Far fewer signals appear when markets are in steady up or down trends. The daily S&P 500Continue reading “Lunar Cycles – 2021”
Breakthrough 06-10-21
On 05/07/21 the S&P 500 (SPX) made an all-time high which held for 33 calendar days. Today – day 34 and a New moon the SPX broke through the resistance at SPX 4238.04. The SPX 30-minute chart courtesy of Trading View illustrates the action since late April. After the breakthrough, the SPX rallied for aboutContinue reading “Breakthrough 06-10-21”
Stock Bulls are Running Out of Time
Today 04/14/21 two of the three main US stock indices, S&P 500 (SPX) and the Dow Jones Industrial Average (DJI) made new all-time highs. This is a bullish “Rule of the majority” signal. Additionally, the VIX indicator made a new low in its decline from its high made in March 2020. These factors are atContinue reading “Stock Bulls are Running Out of Time”
Market Resting Time
On 04/09/21 the S&P 500 (SPX) achieved a gain of 88.4% from the 03/23/20 bottom, this is one of the farthest and fastest gains in US stock market history. In 1999 the Nasdaq Composite had a faster and larger move; however, this was primarily because of concentrated buying in the technology sector. You have toContinue reading “Market Resting Time”
Major Stock Market Top Could be in Place
Today 03/31/21 was the end of the quarter. Sometimes the end of a quarter can be a point at which a trend changes. If the trend has been up during the quarter, fund managers would likely want to hold profitable positions. The best performance figures could be recorded on the final day of the quarter. Continue reading “Major Stock Market Top Could be in Place”
Potential Lunar Cycle Turn
Sometimes markets can have turns on solar anniversaries such the bull markets for the Dow Jones Industrial Average (DJI) and S&P 500 (SPX) which began on 10/10/02 and ended on 10/11/07. Other times lunar anniversaries can signal a change in market direction. The new moon on 03/13/21 could mark a significant top for the USContinue reading “Potential Lunar Cycle Turn”
Potential Fibonacci Ratio Time Forecast
There are various techniques used for Fibonacci time analysis that are grouped into two categories, Fibonacci sequence, and Fibonacci ratio. The Fibonacci sequence is as follows (1,1,2,3,5,8,13,21,34,55,89,144 – – – to infinity). An example of this method can be seen in my 08/22/20 blog “Forecast – Bull Market Termination Date -2021” The other method involvesContinue reading “Potential Fibonacci Ratio Time Forecast”
