Time Forecast for US Stock Market Top

Fibonacci Time  analysis  could be the key to discovering an important stock market peak. Market movements can sometimes be measured by using  Fibonacci ratio analysis for either price or time.  For example, a market could have a decline lasting  70 – trading days followed by a  rally of  43 – trading days.  This would beContinue reading “Time Forecast for US Stock Market Top”

The Most Bullish Month for Stocks – November

Sometimes successful investing/trading can be enhanced by simply looking at the calendar.  Almost all markets have seasonal patterns, and for stocks, November has  been the most bullish month. Does most bullish mean huge moves up in November?  Not necessarily, while there are several instances of large  November gains, sometimes  the gains are small. As  measuredContinue reading The Most Bullish Month for Stocks – November

Fascinating Fibonacci Price and Time Relationships – 10/14/22

The S&P 500 (SPX) action into the 10/13/14 bottom reveals  clues  that the decline from the 08/16/22 peak could be part of a larger developing Elliott wave pattern. The daily SPX chart courtesy of Trading View illustrates Fibonacci price and time relationships. The SPX rally from 06/17/22 to the peak on 08/16/22 took 40 –Continue reading Fascinating Fibonacci Price and Time Relationships – 10/14/22

Elliott Wave – Alternate Bearish Interpretation –09/23/22

The 07/21/22 blog “S&P 500 – Elliott Wave Count – 07/21/22” noted that the 2022 US stock market decline was taking a complex pattern similar to the 2000 to 2002 bear market.  The January to June 2022 S&P 500 (SPX) drop was a complex and choppy pattern.  The Elliott wave guideline for alternation among  wavesContinue reading Elliott Wave – Alternate Bearish Interpretation –09/23/22

Bullish Break Out – 07/20/22

Today 07/20/22, the S&P 500 (SPX) broke above resistance created by a double top made on 06/10/22 at 3943.17 and 06/28/22 at 3945.86.  The SPX high on 07/20/22 was 3974.13 and 30.96 points above the 06/28/22 peak.  When the SPX broke above the 06/10/22 top on 06/28/22 it was only able to exceed the priorContinue reading “Bullish Break Out – 07/20/22”

Crude Oil Trading Range

Since March 2022 Crude Oil has been in a trading range between 126.00 and 92.00. Momentum signals and seasonal patterns suggest a new uptrend may have begun. The daily Crude Oil chart – (CL2!) – continuous next futures contract in front – courtesy of Trading  View illustrates  the trading range. First note the double bottomContinue reading “Crude Oil Trading Range”

  Dow Jones Industrial Average  Long – Term Time Forecast

Since the Dow Jones Industrial Average (DJI) major peak in January 2000  the two subsequent bear and bull markets  have had Fibonacci time ratio  relationships.  Assuming the January 2022 DJI top holds, these Fibonacci ratio relationships  could  project when the current bear market ends. The Fibonacci sequence is as  follows (1, 1, 2, 3, 5,Continue reading ”  Dow Jones Industrial Average  Long – Term Time Forecast”

  Forecast for a Short – Term Bottom

On 06/10/22 the S&P 500 (SPX) – daily MACD had a bearish lines cross over below the zero line. This is a rare event, the last time it  happened was on 12/17/18, that occurrence could help to discover a short-term bottom for the current SPX  decline. The daily SPX chart courtesy of Trading View illustratesContinue reading ”  Forecast for a Short – Term Bottom”

Fibonacci Price and Time Connections

It’s possible that the S&P 500 (SPX) decline since the start of 2022 is  the fourth Primary degree wave of a  five – wave Elliott  impulse pattern that began in March 2009.  This theory was examined in the 02/27/22 blog “S&P 500 Long – Term Elliott Wave Count – 02-25-22”.   The SPX April to JuneContinue reading “Fibonacci Price and Time Connections”