On 02/28/25 the S&P 500 (SPX) appears to have completed an Elliott – Impulse wave from the all-time high made on 02/19/25. If so, this could be the first wave of a developing bear market that could continue for months. The SPX 15 – minute chart courtesy of Trading View illustrates the action. An interestingContinue reading “The First Elliott Wave Down – 02/28/25”
Category Archives: Elliott Wave
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”
Updated S&P 500 – Long-Term Elliott Wave Count – 02/14/25
On 02/14/25 the S&P 500 (SPX) peaked at .71 points below its all-time high made on 01/24/25. Could this be the prelude to a significant upside breakthrough, or could something else be happening? Detailed Fibonacci analysis reveals some amazing clues. The weekly SPX chart courtesy of Trading View illustrates the long-term Elliott wave count sinceContinue reading “Updated S&P 500 – Long-Term Elliott Wave Count – 02/14/25”
A Golden Triangle – Part – Two
The 01/12/25 blog “A Golden Triangle?” speculated that Gold was forming an Elliott Wave – Horizontal Triangle that could be the prelude to new highs. The daily Gold Futures Continuous Contract (GC1!) chart courtesy of Trading View updates the action. It appears a Horizontal Triangle has completed, and Gold is in a post triangle thrustContinue reading ” A Golden Triangle – Part – Two”
A Super Rally for U.S. Interest Rates?
In the coming months U.S. Treasury yields/rates could have a dramatic rise. Most attention is on what action the U.S. – FOMC could take in 2025. The FOMC controls the short-term interest rates, and they are expected to cut rates twice in 2025. They have no control over long – term rates which have beenContinue reading “A Super Rally for U.S. Interest Rates?”
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”
U.S. Stocks Testing All-Time Highs – 01/30/25
The hourly Dow Jones Industrial Average (DJI) and S&P 500 (SPX) chart courtesy of Trading View shows their recent action. On 01/24/25 SPX made its all-time high unconfirmed by the DJI, and Nasdaq Composite – a potentially very bearish momentum signal. Subsequently on 01/27/25 there was a micro crash in Tech stocks which the DJIContinue reading “U.S. Stocks Testing All-Time Highs – 01/30/25”
Nasdaq Composite Threads the Needle – 01/24/25
The 01/23/25 blog “Watch the Nasdaq Composite – 01/23/25” noted , “If on 01/24/25 IXIC exceeds 20,070.08 and stays below its all-time high of 20,204.50 an important secondary peak could be reached”. The hourly Nasdaq Composite chart -Trading View symbol (IXIC) shows what happened. IXIC exceeded the presumed Minor wave “A” of an Elliott waveContinue reading “Nasdaq Composite Threads the Needle – 01/24/25”
Evidence of a Major U.S. Stock Market Top – 01/24/25
Long-term momentum and sentiment readings for U.S. stocks suggests a major peak is forming. On 01/24/25 the S&P 500 (SPX) continued its recent pattern of making a new all-time high unconfirmed by the other two main U.S. stock indices, Dow Jones Industrial Average and Nasdaq Composite. This significant bearish divergence is just one factor inContinue reading “Evidence of a Major U.S. Stock Market Top – 01/24/25”
