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”

Upside Target Reached – 01/08/26

Several of this website’s blogs have noted the S&P 500 (SPX) had potentially significant Fibonacci resistance at 6,958.48.  On 01/07/26 SPX peaked at 6,965.69. The 30- minute SPX chart courtesy of Trading View updates the action. The presumed Elliott wave – Ending Diagonal Triangle from the 11/21/25 bottom could be complete.  The 30 – minuteContinue reading “Upside Target Reached – 01/08/26”

Intraday S&P 500 – Elliott Wave Count – 01/02/26

There are always alternate Elliott wave counts. One S&P 500 (SPX) path points to potentially important resistance. The 30-minute SPX chart courtesy of Trading View shows a possible Elliott wave count.  The SPX 12/26/25 to 01/02/26 decline has two Elliott wave interpretations.  The entire drop could be a correction of the prior uptrend.  Specifically, anContinue reading “Intraday S&P 500 – Elliott Wave Count – 01/02/26”

Three Bearish Factors – 01/01/26

Early January 2026 could be the cusp of a multi-month decline for U.S. stocks. The first bearish factor is potential Fibonacci resistance.  The daily SPX chart courtesy of Trading View illustrated in this website 12/27/25 blog is reposted below. SPX 12/27/25 peak was 6,945.77 close to and within leeway of major Fibonacci resistance at 6,958.48.  Continue reading “Three Bearish Factors – 01/01/26”