Comparing November 2021 with November 2025 This website’s prior blog examined S&P 500 (SPX) November seasonal patterns. November 2025 – SPX decline is like what happened in November 2021. A repeat of that prior drop could happen in late 2025. The daily SPX chart courtesy of Trading View illustrates what happened late 2021 to earlyContinue reading “Is History Repeating?”
Category Archives: Elliott Wave
S&P 500 – Alternate Elliott Wave Count – 11/14/25
The 11/13/25 blog “U.S. Stock Market at a Crossroad – November 2025” illustrated that the S&P 500 (SPX) could be forming an Elliott wave – Ending Diagonal Triangle. The sharp move down during the open of the 11/14/25 SPX trading session presents an alternate wave count. The SPX 30 – minute chart courtesy of TradingContinue reading “S&P 500 – Alternate Elliott Wave Count – 11/14/25”
Elliott Wave – Invalidation Points
Elliott wave theory is best known as a market forecasting tool. It’s also very effective in identifying points where a forecast is wrong. S&P 500 (SPX) recent action illustrates specific points where a forecast became invalid. The 10/26/25 blog “S&P 500 – Elliott Wave Update – 10/24/25” Noted that if the SPX moved above 6,813.85Continue reading “Elliott Wave – Invalidation Points”
Bullish Pieces of an Elliott Wave Puzzle
The 10/26/25 blog “S&P 500 – Elliott Wave Update – 10/24/25” illustrated that the S&P 500 (SPX) may have completed an Elliott wave – Ending Diagonal Triangle. The invalidation point for this pattern was SPX 6,813.85. The 30 – minute SPX chart courtesy of Trading View shows what happened. On 10/27/25 SPX gapped above theContinue reading “Bullish Pieces of an Elliott Wave Puzzle”
S&P 500 – Elliott Wave Update – 10/24/25
The 10/23/25 blog “U.S. Stocks Crawling to New Highs?” illustrated the S&P 500 (SPX) could be forming an Elliott wave – Ending Diagonal Triangle”. The hourly SPX chart courtesy of Trading View updates that potential wave count. The Ending Diagonal Triangle wave count from the 10/10/25 bottom is still valid. In any five-wave motive patternContinue reading “S&P 500 – Elliott Wave Update – 10/24/25”
U.S. Stocks Crawling to New Highs?
The buying mania of U.S. stocks continues. The hourly S&P 500 (SPX) chart courtesy of Trading View illustrates its progress since the 10/10/25 micro crash. The slow choppy nature of the rally has the appearance of an Elliott wave – Ending Diagonal Triangle. These are terminal structures, if the count is correct the SPX couldContinue reading “U.S. Stocks Crawling to New Highs?”
Watch the Nasdaq Composite on 10/10/25
At the open of the main trading session on 10/09/25 both the Nasdaq Composite (IXIC) and S&P 500 (SPX) made new all-time highs then quickly declined. The other main U.S. stock index, Dow Jones Industrial Average (DJI) lagged below its all-time high made on 10/03/25. It’s possible that on 10/10/25 only the IXIC could reachContinue reading “Watch the Nasdaq Composite on 10/10/25”
Short – Term S&P 500 Elliott Wave Count – 09/26/25
The S&P 500 (SPX) decline from the 09/23/25 peak appears to be corrective. If so, the SPX could reach a new all-time high sometime next week. The 15 – minute SPX chart courtesy of Trading View illustrates the intraday action. There are always alternate wave counts in Elliott analysis. This chart shows the bullish interpretationContinue reading “Short – Term S&P 500 Elliott Wave Count – 09/26/25”
Reunion and Rejection
On 09/05/25 all three main U.S. stock indices: S&P 500 (SPX), Dow Jones Industrial Average, and the Nasdaq Composite gapped up and made new all-time highs. A bullish signal. However, minutes after the session opening all three indices peaked and went into a vicious decline. SPX fell 88 – points in 90 – minutes andContinue reading “Reunion and Rejection”
S&P 500 – Elliott Wave Update – 08/14/25
The 08/02/25 blog “S&P 500 – Elliott Wave Update – 08/01/25” illustrated that the S&P 500 (SPX) may have completed Minor wave “3” of the post 04/07/25 rally at the 07/31/25 peak. Subsequent price action strongly supports that wave count. The two – hour SPX chart courtesy of Trading View updates the wave count sinceContinue reading “S&P 500 – Elliott Wave Update – 08/14/25”