Category Archives: Elliott Wave

Crude Oil Spike Up – 06/13/25

The Israel attacks on Iran triggered a seven percent move up in Crude Oil price.  This surge could be the early part of a multi-month bull market. The monthly Crude Oil – Continuous contract (CL2!) chart courtesy of Trading View illustrates the long-term view.  A three-year Crude Oil bear market may have concluded at theContinue reading “Crude Oil Spike Up – 06/13/25”

Important Support and Resistance Levels for U.S. Stocks

Elliott wave patterns for the S&P 500 (SPX) reveal important points to watch on 06/09/25. After the 04/07/25 U.S. stock market bottom the Nasdaq 100 (NDQ) was leading the way higher.  In mid – May – NDQ had a subtle sign of weakness.  On 05/16/25 the S&P 500 (SPX) made a new rally high thatContinue reading “Important Support and Resistance Levels for U.S. Stocks”

Short-Term Bullish and Bearish S&P 500 Scenarios – 05/31/25

Elliott wave analysis reveals two courses the S&P 500 (SPX) could take in the coming days. First an update on the SPX action that was illustrated in the 05/29/25 blog. The 15 – minute SPX chart courtesy of Trading View shows what happened. On 05/29/25 the SPX broke below its prior day bottom.  Normally aContinue reading “Short-Term Bullish and Bearish S&P 500 Scenarios – 05/31/25”

Stock Market Bulls Stike Back – 05/29/25

This website’s 05/25/25 blog illustrated that the S&P 500 (SPX) had a potentially bearish Elliott wave count.  As it turns out the SPX – 200 – day Simple Moving Average (SMA) line support held. The daily SPX chart courtesy of Trading View illustrates what happened. Most of the time a market or stock will trendContinue reading “Stock Market Bulls Stike Back – 05/29/25”

Potentially Very Bearish Elliott Wave Count – 05/23/25

A very sharp S&P 500 (SPX) decline could occur during the week of 05/27/25 to 05/30/25. The SPX 30 – minute chart courtesy of Trading View zooms in on the intraday Elliott wave count. It’s possible that the SPX move down from the 05/19/25 peak is an Elliott wave series of “one’s” and “two’s” down. Continue reading “Potentially Very Bearish Elliott Wave Count – 05/23/25”

U.S. Long -Term Treasury Yield Hit a High Point

On 05/22/25 the CBOE 30 – Year Treasury Bond Yield (TYX) hit 5.15 the high of a multi – year bull move made on 10/23/23. The daily TYX chart courtesy of Trading View illustrates the most likely Ellott wave count. The 05/17/25 blog “Detailed Elliott Wave Count for U.S. 30 – Year Treasury Yield -05/16/25”Continue reading “U.S. Long -Term Treasury Yield Hit a High Point”

Bullish and Bearish S&P 500 Scenarios – 05/16/25

Elliott wave analysis reveals two courses the S&P 500 (SPX) could take in the coming weeks. On a bar chart the SPX rally after 04/07/25 has several Elliott wave interpretations.  Using line charts sometimes clarifies the Elliott picture.   In this case it reveals two possible scenarios. The daily SPX chart courtesy of Trading View illustratesContinue reading “Bullish and Bearish S&P 500 Scenarios – 05/16/25”

Detailed Elliott Wave Count for U.S. 30 – Year Treasury Yield -05/16/25

There’s a high probability that the U.S. 30 – year Treasury Yield (TYX) has completed a multi- month Elliott wave – Horizontal Triangle. The 05/11/25 blog “The Treasury Triangle” illustrated that TYX was probably forming an Elliott wave – Horizontal Triangle since October 2023.  These structures are sideways corrective patterns which sub divide into fiveContinue reading “Detailed Elliott Wave Count for U.S. 30 – Year Treasury Yield -05/16/25”

The Treasury Triangle

There is no predestination in Elliott Wave theory.   The mass mind like the individual mind can change direction, there are always alternate Elliott wave counts.  The CBOE 30 – Year U.S. Treasury Bond Yield (TYX) may have completed a fascinating alternate Elliott wave count. The 02/02/25 blog “A Super Rally for U.S. Interest Rates?” noted.Continue reading “The Treasury Triangle”

A Super Rally for U.S. Interest Rates? – Part – Two

                        The 02/02/25 blog “A Super Rally for U.S. Interest Rates?” noted “In the coming months U.S. Treasury yields/rates could have a dramatic rise”.  The dramatic rise may have begun last week. The weekly U.S. 30 – Year Treasury Bond yield (TYX) chart courtesy of Trading View illustrates the long – term picture. TheContinue reading “A Super Rally for U.S. Interest Rates? – Part – Two”