Within the prior two trading days Crude Oil declined 15%. Could this be the start of a larger bear movement? Elliott wave analysis examines bullish and bearish scenarios. The daily continuous Crude Oil chart (CL2!) courtesy of Trading View illustrates the bearish scenario. The move down from the 04/07/26 peak labeled Intermediate wave (B) couldContinue reading “Collapsing Crude Oil? – April 2026”
Category Archives: Elliott Wave
Cease Fire Buying Panic
The cease fire in the Iran war triggered a stock buying panic. Elliott wave and Point & Figure analysis indicate the next potential resistance area. The daily S&P 500 chart – StockCharts.com symbol $SPX illustrates daily momentum. Both lines of Slow Stochastic have reached the overbought zone which begins at 80.00. This implies a peakContinue reading “Cease Fire Buying Panic”
The Case for Higher U.S. Interest Rates – March 2026
The 03/14/26 blog “Update U.S. 30 – Year Treasury Yield – Elliott Wave Count – 03/13/26” illustrated that the U.S. 30 – Year Treasury Yield (TYX) had probably completed a multi- year Elliott wave – Horizontal Triangle. The weekly TYX chart courtesy of Trading View updates the action. During the week of 03/16/26 to 03/20/26Continue reading “The Case for Higher U.S. Interest Rates – March 2026”
Update U.S. 30 – Year Treasury Yield – Elliott Wave Count – 03/13/26
The 02/14/26 blog “U.S. 30 – Year Treasury Yield – Elliott Wave Count – 02/13/26” speculated that the U.S. 30 – Year Treasury Yield (TYX) may have completed a multi – year Elliott wave – Horizontal Triangle. TYX continued to decline, invalidating the short-term wave count. Longer – term the Horizontal Triangle is still theContinue reading “Update U.S. 30 – Year Treasury Yield – Elliott Wave Count – 03/13/26”
Rounding Top?
The 02/23/26 blog “NYSE Composite Target Reached – 02/23/26” illustrated that the NYSE Composite had completed an Elliott wave – Ending Diagonal Triangle. The sharp decline on 02/23/26 appeared to be the start of a 10% multi-week drop. Stock bulls had other plans, and on 02/26/26 the NYSE Composite exceeded the peak made on 02/23/26Continue reading “Rounding Top?”
NYSE Composite Target Reached – 02/23/26
The 02/22/26 blog “NYSE Composite – Elliott Wave Count – 02/20/26” noted. “An Elliott wave – Ending Diagonal Triangle (EDT) from the bottom made on 02/13/26 could be forming. Frequently EDT’s end with a brief throwover of the trendline connecting the termination points of the first and third waves. This could happen shortly after theContinue reading “NYSE Composite Target Reached – 02/23/26”
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!”
Four Dimension Trading 