Category Archives: Uncategorized

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”

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”

S&P 500 – Elliott Wave Update – 08/01/25

The 07/27/25 blog “Elliott Wave Pattern for the S&P 500 – April to July 2025” illustrated that the S&P 500 (SPX) may made a Minor wave “3” peak on 07/25/25.  Subsequent price action casts doubt on this presumed wave count. The two – hour SPX chart courtesy of Trading View illustrates the revised Elliott waveContinue reading “S&P 500 – Elliott Wave Update – 08/01/25”

Elliott Wave Pattern for the S&P 500 – April to July 2025

Elliott wave analysis helps to identify market or stock price segments.  The next step is determining the Elliott wave count within the segment.  Examination of the S&P 500 (SPX) Elliott wave pattern since 04/07/25 gives clues as to when the where the segment could end. The two – hour SPX chart courtesy of Trading ViewContinue reading “Elliott Wave Pattern for the S&P 500 – April to July 2025”

Lunar Alert – 07/11/25

On 07/10/25 the S&P 500 (SPX) moved above the prior weekly high invalidating a bearish Strat combo.   However, the new high occurred on a Full Moon with an important daily bearish momentum signal. The weekly SPX chart courtesy of Trading View updates the long view. The 07/04/25 blog “Pre Holiday Stock Rally – 07/03/25” illustratedContinue reading “Lunar Alert – 07/11/25”

Unusual Pre – Holiday Stock Trading – 07/03/25

When a major U.S. holiday occurs Monday through Friday the NYSE suspends trading for that day.  Occasionally the day before or after the holiday could have a shortened trading day.   The NYSE had shortened trading hours on 07/03/25 because Friday 07/04/25 was the U.S. Independence Day holiday.  Shortened stock trading sessions usually have aContinue reading “Unusual Pre – Holiday Stock Trading – 07/03/25”

Pre-Holiday Stock Rally – 07/03/25

In a shortened pre – holiday session the S&P 500 (SPX) blasted up to new highs.   Near – term U.S. stocks could climb higher.  In the longer – term the post 04/07/25 stock rally is probably the termination phase of a secular bull market that began in March 2020.  Prior blogs on this website illustratedContinue reading “Pre-Holiday Stock Rally – 07/03/25”