Today – 10/02/26 of the three main U.S. stock indices; Nasdaq Composite (IXIC), S&P 500, and Dow Jones Industrial Average, only IXIC made a new all-time high. Of the eleven “State Street Sector” ETF’s only the technology sector – ETF (XLK) made a new all-time high. This narrow section of stocks could be signaling aContinue reading “Very Narrow U.S. Stock Peak – 10/02/26”
Category Archives: Uncategorized
September 28, 2026 – Final U.S. Market Stock Peak?
A Full Moon and momentum divergence could signal an important U.S. stock market top. The daily chart courtesy of Trading View shows the relationship of the three main U.S. stock indices. S&P 500 (SPX), Nasdaq Composite (IXIC), and Dow Jones Industrial Average (DJI). When only one of the three major U.S. stock indices reaches aContinue reading “September 28, 2026 – Final U.S. Market Stock Peak?”
Post Triangle Thrust Up – 09/21/26
This website’s prior blog illustrated that the technology stock ETF (XLK) may have begun a post Horizontal Triangle thrust up. Today 09/21/26 XLK blasted upwards. The daily XLK chart courtesy of Trading View updates the action. The bullseye termination point is 214.35. This movement is probably an Elliott fifth wave and confirmation is just oneContinue reading “Post Triangle Thrust Up – 09/21/26”
U.S. Technology Stocks Surging to New Highs?
On 06/03/26 the technology stock ETF (XLK) reached its all-time high. After 06/03/26 – S&P 500 (SPX) continued to make new highs and reached their peak on 08/13/26. The bearish divergence of XLK to SPX is significant because technology stocks have been strongest sector of the U.S. bull market that began in April 2025. SPXContinue reading “U.S. Technology Stocks Surging to New Highs?”
Shanghai Composite Long -Term Forecast
Recently views of this website in the Peoples Republic of China have greatly increased. Welcome! Today’s blog focuses on the long – term Elliott wave count for the Shanghai Composite index and what may develop in the next few years. The monthly chart for the Shanghai Stock Exchange Composite Index – SSE – Trading ViewContinue reading “Shanghai Composite Long -Term Forecast”
Are Oil Bulls Out of Time?
The 08/16/26 blog “Crude Oil Near-Term Target – 95.00” noted “Momentum and Elliott wave structure imply Crude Oil could reach 95.00 in early September 2026”. Since then, price has risen, yet not as robust as expected. Seasonal and fundamental factors could soon bring downward pressure on price. The WTI Crude Oil Futures Seasonality chart courtesyContinue reading “Are Oil Bulls Out of Time?”
Emotional Spike Up – 08/28/26
U.S stocks on 08/28/26 had a sharp spike up followed by a deep decline. This movement could mark an important secondary peak. The 15 – minute S&P 500 (SPX) chart courtesy of Trading View shows what’s happened with this index since it’s all-time high on 08/13/26. The SPX move to marginal to a new lowContinue reading “Emotional Spike Up – 08/28/26”
In the Lunar Zone – August 2026
The 08/22/26 blog “First Wave Down – 08/21/26” noted “The “buy the dip” stock bulls of 2026 probably view the recent drop as another great opportunity and could push SPX up to the 7,740 to 7,760 area.” This target zone has been reached. An important secondary peak could occur on 08/27/26 or 08/28/26. The hourlyContinue reading “In the Lunar Zone – August 2026”
First Wave Down – 08/21/26
This website prior blog noted. “SPX is declining in a clear Elliott – Impulse pattern. If so, this could be the first wave down of a larger developing five wave pattern.” The S&P 500 (SPX) rally on 08/21/26 confirms this five-wave pattern is complete and could be just the start of a multi-week decline. TheContinue reading “First Wave Down – 08/21/26”
Slow Rollover of U.S. Stocks – August 2026
Since the S&P 500 (SPX) reached a solo all-time high on 08/13/26, U.S. stocks have gradually and quietly declined. This could be the start of a much larger drop. The daily SPX chart courtesy of StockCharts.com illustrates external momentum. Daily Slow Stochastic had a bearish line cross in the overbought zone and has now crossedContinue reading “Slow Rollover of U.S. Stocks – August 2026”