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”
Category Archives: Time
Bearish November Omen
Today 11/30/21 the S&P 500 (SPX) ended the month of November 2021 down 0 .94%. November is seasonally the most bullish month for US stocks – meaning it closes November higher than the open. From 2002 to 2020 the SPX November record is up fourteen times and down five times, a ratio of 5/19 orContinue reading “Bearish November Omen”
Examination of US Stock Market November Seasonal Patterns
This blog is the first in a series examining the November seasonal patterns of the US stock market. November is the most bullish month for US stocks, it has the greatest percentage of closing the month higher than the open than any other month. The action of the S&P 500 (SPX) in November 2020 isContinue reading ” Examination of US Stock Market November Seasonal Patterns”
Possible US Stock Market Top – December 2021
The 08/22/20 blog “Forecast – Bull Market Termination Date – 2021” illustrated a fascinating web of Fibonacci time relationships connecting major Dow Jones Industrial Average tops/bottoms going back eighty-nine years. These time relationships pointed to a potential turn in 2021. This type of time forecasts does not predict a top or a bottom, only aContinue reading “Possible US Stock Market Top – December 2021”
Comparing the S&P 500 – 1994 to 1996 with 2020 to 2021
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”
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”
Four Dimension Trading 