Category Archives: Time

 Nvidia and the Strawberry Moon

On 06/20/24 both Nvidia Corporation (NVDA) and the Nasdaq Composite had Key Reversal days. A key reversal does not occur very often but is very reliable when it does. After an up-trend: The Open must be above yesterday’s Close, The day must make a new High, and The Close must be below yesterday’s Low. TheContinue reading ” Nvidia and the Strawberry Moon”

Long – Term S&P 500 – Fibonacci Price and Time Relationships -06/07/24

The 05/16/24 blog “Updated S&P 500 – Elliott Wave Count – 05/16/24”  illustrated that the S&P 500 (SPX) could be forming an Elliott wave – Expanding Flat correction from the January 2022 peak.  This is still the most likely wave count; however, the peak of the presumed Primary wave [B] has exceeded its main targetContinue reading “Long – Term S&P 500 – Fibonacci Price and Time Relationships -06/07/24”

Into the Lunar Time Zone – Part Two – 06/07/24

The S&P 500 (SPX) and Nasdaq Composite (IXIC) made new all-time highs on the 06/06/24 New Moon.   On 06/07/24 only the SPX made a new all-time high – a bearish “Rule of the Majority” signal.  A U.S. stock bear market continuing until at least early 2025 may have begun. A “Rule of the Majority” signalContinue reading “Into the Lunar Time Zone – Part Two – 06/07/24”

Into the Lunar Time Zone – 06/06/24

The S&P 500 (SPX) made a new all-time high on the date of a New Moon.  An important turn could come soon. The prior blog “There’s a New Moon Rising”  noted that sometimes markets could turn on a New/Full Moon plus or minus two trading days. The daily SPX chart courtesy of BigCharts.com illustrates bearishContinue reading “Into the Lunar Time Zone – 06/06/24”

There’s a New Moon Rising

Sometimes markets makes turns on Full/New Moons plus or minus two – trading days.  These turns are more likely to occur after prolonged moves up or down when mass emotions peak.  On 06/05/24 the S&P 500 (SPX) and Nasdaq Composite (IXIC) made new all-time highs.   On 06/06/24 there’s a New Moon. The daily SPX chartContinue reading “There’s a New Moon Rising”

S&P 500 – Update – 05/03/24

The 04/21/24 blog ”Potential S&P 500 Bottom – Early May 2024” noted a Fibonacci time cycle turn on 05/03/24.  It was presumed that the S&P 500 (SPX) which began to decline in early April would continue dropping into early May.   Subsequently the 04/27/24 blog noted that the size of the SPX rally since 04/19/24 madeContinue reading “S&P 500 – Update – 05/03/24”

U.S Stock Market Momentum Remains Bearish

U.S. stocks had a wild ride on 05/01/24  – U.S. FOMC interest rate announcement.  By the end of the 05/01/24 session the  huge rally after the FOMC press conference had been completely retraced.  Daily and hourly momentum remains  bearish, implying the next wave of  post March 2024 bear move may have begun. The daily S&PContinue reading “U.S Stock Market Momentum Remains Bearish”

Revised S&P 500 – Fibonacci Time Cycle

The 04/21/24 blog “Potential S&P 500 Bottom – Early May 2024”  illustrated the S&P 500 could make an important bottom on 05/03/24.   The size of the S&P 500 (SPX) rally since 04/19/24 makes that forecasted bottom date a low probability.   If the SPX resumes its decline 05/17/24 could mark a significant bottom. The daily SPXContinue reading “Revised S&P 500 – Fibonacci Time Cycle”

Potential S&P 500 Bottom – Early May 2024

Fibonacci price and time calculations indicate the S&P 500 (SPX) could make an important bottom in the first week of May 2024. The first daily SPX chart courtesy of Trading View illustrates the Fibonacci price calculations. The primary Fibonacci coordinate is a .50 retracement of the October 2022 to March 2024 bull market.  The exactContinue reading “Potential S&P 500 Bottom – Early May 2024”