Forecast – S&P 500 Intermediate Bottom – 04/03/25

Trendline and Fibonacci time analysis indicate the S&P 500 (SPX) could make an intermediate bottom on or near 04/03/25. The first daily SPX chart courtesy of Trading View illustrates the long-term picture. The two most significant bottoms of the October 2022 to February 2025 SPX bull market occurred in October 2023 and August 2024.  MarketsContinue reading “Forecast – S&P 500 Intermediate Bottom – 04/03/25”

What Could Cause a U.S. Economic Decline?

There are two ways to analyze markets and stocks, Fundamental and Technical. Technical analysis involves the study of price, and broadly the examination of momentum, sentiment and time.  Because markets and stocks discount the future, they usually move six to nine months before the fundamentals. Fundamental analysis for markets examines factors such as employment, inflation,Continue reading “What Could Cause a U.S. Economic Decline?”

Short-Term S&P 500 – Downside Target

On 02/19/25 the S&P 500 (SPX) made an all-time high unconfirmed by the other two main U.S. stock indices – Dow Jones Industrial Average and Nasdaq Composite. This was the five – year anniversary of the SPX – all-time high just before the 2020 – Covid crash. On 02/20/25 intraday the SPX had declined 1%Continue reading “Short-Term S&P 500 – Downside Target”

A Turn in the U.S. Stock Market Tide – 02/19/25

On 02/19/25  the S&P 500 (SPX) made  a new all – time high  unaccompanied by the other two main U.S. stock indices – Dow Jones Industrial Average and the Nasdaq Composite.   This bearish divergence occurred on a fascinating  Day. The weekly SPX courtesy of Trading View illustrates what happened. The SPX late session high onContinue reading “A Turn in the U.S. Stock Market Tide – 02/19/25”

All – Time Highs Totally Rejected

On 01/31/25 both the Dow Jones Industrial Average (DJI) and the S&P 500 (SPX) made runs to make new all -time highs.  They failed miserably. The DJI – two – hour chart courtesy of Trading View shows its action since its all-time high in early December 2024. In the first minute of the DJI tradingContinue reading “All – Time Highs Totally Rejected”

The MAGA Rallies

After the election of Donald Trump as U.S. President on 11/05/24 the Dow Jones Industrial Average (DJIA) rallied for 19- trading days.  Currently the DJIA is rising just prior to Trump’s inauguration as President on 01/20/25.   Could this latest “Make America Great Again” (MAGA)  rally be the start of a multi- month bull market orContinue reading “The MAGA Rallies”

Gold Downside Forecast – December 2024

         Gold could make a bottom very late in 2024 or early 2025. The daily Gold Continuous Futures (GC1!) courtesy of Trading View illustrates its action since March 2024. On 10/31/24 Gold Futures peaked at 2,801.20, the subsequent 10 – trading day decline was a five – wave Elliott Impulse pattern.   If so, this couldContinue reading “Gold Downside Forecast – December 2024”

Bitcoin 100,000!

On 11/22/24 Bitcoin (BTCUSD) reached 99,860 close to a major round number 100,000.  Could this number represent significant resistance?  An examination of BTCUSD history reveals some fascinating data. The monthly BTCUSD chart courtesy of Trading View shows the long-term view since its inception in December 2014. Each of the three important BTCUSD peaks came closeContinue reading “Bitcoin 100,000!”

Fascinating Fibonacci Time Relationships

A series of Fibonacci time relationship spanning 34 – years imply the S&P 500 (SPX) may have made an important top on October 11, 2024. The Fibonacci sequence is as follows, (1, 1, 2, 3, 5, 8, 13, 21, 34, 55, 89, 144, – – to infinity). The prior blog “October Eleventh Connection” noted aContinue reading “Fascinating Fibonacci Time Relationships”

October Eleventh Connection

On 10/11/90 the S&P 500 (SPX) ended a three-month 21% decline. Seventeen – years later on 10/11/07 the SPX completed a five-year bull market. Seventeen years after the 2007 peak and a Fibonacci thirty – four years after the 1990 bottom the SPX may complete a two-year bull market. The monthly SPX chart courtesy ofContinue reading “October Eleventh Connection”