Category Archives: Uncategorized

Short – Term S&P 500 – Elliott Wave Count – 04/30/26

The 04/25/26 blog “Short-Term S&P 500 – Elliott Wave Count – 04/24/26” illustrated that the S&P 500 (SPX) could be in a developing Elliott wave – Impulse pattern since the 03/30/26 bottom.  The one – hour SPX chart courtesy of Trading View updates the Elliott wave count. The 04/25/26 blog illustrated the 04/23/26 bottom asContinue reading “Short – Term S&P 500 – Elliott Wave Count – 04/30/26”

The Case for Higher U.S. Interest Rates – Part Two

The 03/22/26 blog “The Case for Higher U.S. Interest Rates – March 2026” illustrated that the CBOE 30 – Year Treasury Bond Yield may have completed a multiyear Elliott wave – Horizontal Triangle at the 02/27/26 bottom.  This wave count could be correct; however, there’s an alternate wave count in which the multiyear Horizontal TriangleContinue reading “The Case for Higher U.S. Interest Rates – Part Two”

Short-Term S&P 500 – Elliott Wave Count – 04/24/26

On 04/24/26 two of the three main U.S. stock indices, S&P 500 (SPX), and Nasdaq Composite made all-time highs.  This is a bullish movement.  The SPX – Elliott wave count from the 03/30/26 bottom gives us a clue of where this index could be in the short-term cycle. The 60 – minute SPX chart courtesyContinue reading “Short-Term S&P 500 – Elliott Wave Count – 04/24/26”

Transportation Average – Blow Off Top?

The Dow Jones Industrial Average (DJT) began the week of 04/20/26 to 04/24/26 above the upper weekly Bollinger band.  This is typically a sign of a market index or stock nearing upside exhaustion.  At the open of the 04/22/26 session DJT was still above the weekly Bollinger band.  What happened soon after the opening ofContinue reading “Transportation Average – Blow Off Top?”

Collapsing Crude Oil? – April 2026

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”

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”

Wild Ride for Crude Oil – March 2026

The 03/08/26 blog  “Long-Term View of Crude Oil – March 2026” speculated that Crude Oil could reach a potential price resistance around 99.00 to 108.00.  The time zone was two – weeks. Crude oil reached and exceeded this zone in less than four – trading hours. The monthly Continuous Crude Oil chart courtesy of TradingContinue reading “Wild Ride for Crude Oil – March 2026”