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”
Category Archives: Time
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”
Possible Lunar Phase Signal
The 04/13/22 blog “Short – Term Bottom Forecast” illustrated a potential Fibonacci time cycle turn due late in the S&P 500 (SPX) 04/14/22 trading session. Fibonacci time cycles forecast market turns, not tops or bottoms. Market action going into the time cycle determines tops or bottoms. The SPX was declining into the 04/14/22 Fibonacci timeContinue reading “Possible Lunar Phase Signal”
Short – Term Bottom Forecast
The 04/12/22 blog “S&P 500 Decline is Losing Momentum” noted that the S&P 500 (SPX) may have completed an Elliott wave – Double Zigzag correction at the 04/12/22 bottom. The first 30-minute SPX chart courtesy of Trading View illustrates a completed Double Zigzag at the 04/12/22 bottom. On 04/13/22 the SPX rallied the entire day;Continue reading “Short – Term Bottom Forecast”
Choppy Rallies and Choppy Declines
Since the S&P 500 (SPX) decline bottom made on 01/24/22 the moves up have been choppy, and the moves down have been choppy. An Elliott wave – Horizontal Triangle could be forming. This structure was examined the 01/14/22 blog “Important Cycle Point – 01-14-22” and in the 01/19/22 blog “Horizontal Triangle Update – 01-19-22.” HorizontalContinue reading ” Choppy Rallies and Choppy Declines”
Examination of the Dow Jones Industrial Average Top in January 1973
On 01/04/22 the S&P 500 (SPX) and the Dow Jones Industrial Average (DJI) made new all-time highs. This move invalidated a long-term Fibonacci time cycle that targeted an important DJI turn sometime in the year 2021. This time cycle was first illustrated in the 08/22/20 blog “Forecast- Bull Market Termination Date – 2021”. This timeContinue reading “Examination of the Dow Jones Industrial Average Top in January 1973”
Market Turns Near the Turn of a New Year
Occasionally markets could have a turn near a new year. The most logical reason for this phenomenon is to defer taxes on profits into the next year. Another factor could be if a market is approaching a support/resistance level just before or after a new year. Some examples of turns at the cusp of aContinue reading ” Market Turns Near the Turn of a New Year”
US Stocks Could Top in Late December 2021
Todays 12/15/21 FOMC announcement could provide fuel for a rally and possible top in late December 2021. The S&P 500 (SPX) – 60 – minute chart courtesy of Trading View illustrates some short- term bullish clues. Late in the 12/15/21 SPX trading session prices pushed above a declining trendline connecting the tops made on 11/22/21Continue reading “US Stocks Could Top in Late December 2021”
Slow Move Down – Fast Move Up
Common characteristics of corrective patterns is choppiness and slowness. The recent S&P 500 (SPX) 11/22/21 to 12/03/21 decline took approximately 58 – trading hours. The move up from the 12/03/21 bottom has retraced almost 80% of the decline in approximately 8 – hours. The daily SPX chart courtesy of Trading View illustrates the recentContinue reading “Slow Move Down – Fast Move Up”
Four Dimension Trading 