Amazing Lunar Cycles – May to July 2026

Sometimes markets can make turns at New or Full Moons plus or minus two trading days. From May to July 2026 four of the five lunar cycles have signaled S&P 500 (SPX) turns. The SPX – 4 – hour bar chart courtesy of Trading View illustrates the phenomenon. The 05/18/26- New Moon was one tradingContinue reading ”  Amazing Lunar Cycles – May to July 2026″

  The Triangle of Death – Part Two

The large drop of U.S. stocks on 07/17/26 implies an important peak may have been made on 07/15/26. This website’s prior blog illustrated S&P 500 (SPX) could be completing an Elliott wave – Ending Diagonal Triangle (EDT) from the 06/09/26 bottom.  There are always alternate Elliott wave counts.  Today’s blog illustrates two alternate counts. TheContinue reading ”  The Triangle of Death – Part Two”

The Triangle of Death – July 2026

S&P 500 (SPX) could be forming an Elliott wave – Ending Diagonal Triangle that could be the death of the bull market that began in April 2025. The one – hour SPX chart courtesy of Trading View illustrates the intraday action since late May 2026. Elliott wave Ending Diagonal Triangles (EDT) are termination patterns thatContinue reading “The Triangle of Death – July 2026”

Weak Trendline Breakthrough – 07/10/26

The prior blog “Prelude to New Highs? – July 2026” illustrated that the S&P 500 (SPX) since 06/02/26 may have formed an Elliott wave – Horizontal Triangle.  As of 07/09/26 SPX was at the edge of a declining trendline from the 06/15/26 peak.  The break above this trendline on 07/10/26 should have triggered a powerfulContinue reading “Weak Trendline Breakthrough – 07/10/26”

Prelude to New Highs? – July 2026

The S&P 500 (SPX) could be close to making new all-time highs. Since the 06/02/26 peak SPX has meander sideways.  The 3 – hour SPX chart courtesy of Trading View illustrates the most likely Elliott wave count. SPX since its all-time high on 06/02/26 appears to have formed an Elliott wave – Horizontal Triangle.   TheseContinue reading “Prelude to New Highs? – July 2026”

Elements of a Stock Market Mania

An examination of two stocks participating in the AI and technology mania reveals fascinating data. The first is Micron Technology Inc. (MU) which was last illustrated in the 05/30/26 blog “Micron Technology Inc. Upside Target”. The weekly MU chart courtesy of Trading View updates the action. There are always alternate Elliott wave counts.   The 05/30/26Continue reading “Elements of a Stock Market Mania”

The First Tracks of a Looming Bear Market?

 S&P 500 (SPX) Elliott wave count since 06/02/26 could be the beginning of a bear market. The SPX – 30 – minute chart courtesy of Trading View updates the chart illustrated in the 06/11/26 blog “S&P 500 – Short Term Elliott Wave Count – 06/11/26” The presumed five waves down from 06/02/26 to 06/09/26 couldContinue reading “The First Tracks of a Looming Bear Market?”

S&P 500 – Short Term Elliott Wave Count – 06/11/26

An important short-term S&P 500 (SPX) peak could be made on 06/12/26 The SPX -30 – minute chart courtesy of Trading View illustrates the intraday action. The SPX 06/02/26 to 06/09/26 decline took the form of an Elliott Impulse pattern.  If so, this could be the first wave of a larger five – wave patternContinue reading “S&P 500 – Short Term Elliott Wave Count – 06/11/26”

  Potentially Important Peak – June 2026

Several factors imply U.S. stocks may have made an important top. The 30 – minute S&P 500 (SPX) chart courtesy of Trading View illustrates the intraday action since late March 2026. The 05/31/26 blog “S&P 500 – Upside Target – June 2026” illustrated potential Fibonacci resistance at 7,626.44, the high on 06/02/26 was 7,620.90.  Continue reading ”  Potentially Important Peak – June 2026″

S&P 500 – Upside Target – June 2026

On 05/29/26 all three main U.S. stock indices; S&P 500, Dow Jones Industrial Average, and Nasdaq Composite made new all-time highs.  Most major U.S. stock market peaks occur with only one of the three main U.S. stock indices making a new all-time high.  Elliott wave analysis reveals where one of the three main indices couldContinue reading “S&P 500 – Upside Target – June 2026”