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”
Category Archives: Time
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”
A Full Moon and Trendlines
Occasionally markets can turn on or near Full or New Moons. For stocks Full Moons tend to signal bottoms, New Moons tend to signal tops. There’s a Full Moon on 07/13/22. The daily S&P 500 (SPX) chart courtesy of Trading View illustrates New and Full Moons since late 2021. Using the parameters of plus orContinue reading “A Full Moon and Trendlines”
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”