The 03/08/26 blog “Long-Term View of Crude Oil – March 2026” speculated that Crude Oil could reach a potential price resistance around 99.00 to 108.00. The time zone was two – weeks. Crude oil reached and exceeded this zone in less than four – trading hours. The monthly Continuous Crude Oil chart courtesy of TradingContinue reading “Wild Ride for Crude Oil – March 2026”
Category Archives: Uncategorized
Rounding Top?
The 02/23/26 blog “NYSE Composite Target Reached – 02/23/26” illustrated that the NYSE Composite had completed an Elliott wave – Ending Diagonal Triangle. The sharp decline on 02/23/26 appeared to be the start of a 10% multi-week drop. Stock bulls had other plans, and on 02/26/26 the NYSE Composite exceeded the peak made on 02/23/26Continue reading “Rounding Top?”
NYSE Composite Target Reached – 02/23/26
The 02/22/26 blog “NYSE Composite – Elliott Wave Count – 02/20/26” noted. “An Elliott wave – Ending Diagonal Triangle (EDT) from the bottom made on 02/13/26 could be forming. Frequently EDT’s end with a brief throwover of the trendline connecting the termination points of the first and third waves. This could happen shortly after theContinue reading “NYSE Composite Target Reached – 02/23/26”
NYSE Composite – Elliott Wave Count – 02/20/26
The NYSE Composite (NYA) could make an important secondary top on 02/23/26. The Nasdaq Composite reached its all-time high on 10/29/25. The S&P 500 reached its all-time high on 01/28/26. The Dow Jones Industrial Average reached its all-time high on 02/10/26. Which is one day after the sixty – year anniversary of the major peakContinue reading “NYSE Composite – Elliott Wave Count – 02/20/26”
Gold Resistance Level – February 2026
Gold in U.S. dollars could soon make am important secondary peak. The daily spot Gold ($GOLD) chart courtesy of StockCharts.com illustrates the action since November 2025. Gold could soon reach a Fibonacci .618 retracement of its late January to early February crash. If it reaches this potential resistance level it may correspond with Slow StochasticContinue reading ” Gold Resistance Level – February 2026″
U.S. 30 – Year Treasury Yield – Elliott Wave Count – 02/13/26
An Elliott wave – Horizontal Triangle correction that began in October 2023 may have concluded February 13, 2026. Elliott Wave – Horizontal Triangles are net sideways corrections that are composed of five sub- waves. Each sub – wave further divides into three waves or a combination of three waves. Horizontal Triangles only appear in theContinue reading “U.S. 30 – Year Treasury Yield – Elliott Wave Count – 02/13/26”
Dow Industrials at 50,000!
February 6, 2026, was a historic day the Dow Jones Industrial Average (DJI) made a new all-time and reached 50,000. What could also be historic is a potential Elliott wave pattern and possible Fibonacci resistance level. First an update on internal U.S. stock market momentum. The prior blog “February Downside Rollover – 02/05/26” noted thatContinue reading “Dow Industrials at 50,000!”
Colossal Ending Diagonal Triangle? – 01/30/26
During the last few months, the S&P 500 (SPX) upper part of the post April 2025 rally appeared to be forming an Elliott wave – Ending Diagonal Triangle (EDT). What’s happened during the most recent trading days hints that the entire rally since 04/07/25 could be a colossal Ending Diagonal Triangle. The daily SPX chartContinue reading “Colossal Ending Diagonal Triangle? – 01/30/26”
Ending Diagonal Triangle – Part Two – 01/16/26
The 01/15/26 blog illustrated that S&P 500 (SPX) could be forming an Elliott wave – Ending Diagonal Triangle from the 11/21/25 bottom. This pattern is still valid and could be completed on 01/20/26. The SPX one – hour chart courtesy of Trading View illustrates the development since 11/21/25. The 01/15/26 blog speculated the Ending DiagonalContinue reading “Ending Diagonal Triangle – Part Two – 01/16/26”
Ending Diagonal Triangle Update – 01/15/26
The 01/08/26 blog “Upside Target Reached – 01/08/26” illustrated that the S&P 500 (SPX) could be forming an Elliott wave – Ending Diagonal Triangle. This pattern is still the highest probable wave count, however with a change of the internal wave structure. The SPX one-hour courtesy of Trading View illustrates the updated wave count.Continue reading “Ending Diagonal Triangle Update – 01/15/26”