On 02/19/25 the S&P 500 (SPX) made an all-time high unconfirmed by the other two main U.S. stock indices – Dow Jones Industrial Average and Nasdaq Composite. This was the five – year anniversary of the SPX – all-time high just before the 2020 – Covid crash. On 02/20/25 intraday the SPX had declined 1%Continue reading “Short-Term S&P 500 – Downside Target”
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A Turn in the U.S. Stock Market Tide – 02/19/25
On 02/19/25 the S&P 500 (SPX) made a new all – time high unaccompanied by the other two main U.S. stock indices – Dow Jones Industrial Average and the Nasdaq Composite. This bearish divergence occurred on a fascinating Day. The weekly SPX courtesy of Trading View illustrates what happened. The SPX late session high onContinue reading “A Turn in the U.S. Stock Market Tide – 02/19/25”
Updated S&P 500 – Long-Term Elliott Wave Count – 02/14/25
On 02/14/25 the S&P 500 (SPX) peaked at .71 points below its all-time high made on 01/24/25. Could this be the prelude to a significant upside breakthrough, or could something else be happening? Detailed Fibonacci analysis reveals some amazing clues. The weekly SPX chart courtesy of Trading View illustrates the long-term Elliott wave count sinceContinue reading “Updated S&P 500 – Long-Term Elliott Wave Count – 02/14/25”
A Golden Triangle – Part – Two
The 01/12/25 blog “A Golden Triangle?” speculated that Gold was forming an Elliott Wave – Horizontal Triangle that could be the prelude to new highs. The daily Gold Futures Continuous Contract (GC1!) chart courtesy of Trading View updates the action. It appears a Horizontal Triangle has completed, and Gold is in a post triangle thrustContinue reading ” A Golden Triangle – Part – Two”
A Super Rally for U.S. Interest Rates?
In the coming months U.S. Treasury yields/rates could have a dramatic rise. Most attention is on what action the U.S. – FOMC could take in 2025. The FOMC controls the short-term interest rates, and they are expected to cut rates twice in 2025. They have no control over long – term rates which have beenContinue reading “A Super Rally for U.S. Interest Rates?”
All – Time Highs Totally Rejected
On 01/31/25 both the Dow Jones Industrial Average (DJI) and the S&P 500 (SPX) made runs to make new all -time highs. They failed miserably. The DJI – two – hour chart courtesy of Trading View shows its action since its all-time high in early December 2024. In the first minute of the DJI tradingContinue reading “All – Time Highs Totally Rejected”
U.S. Stocks Testing All-Time Highs – 01/30/25
The hourly Dow Jones Industrial Average (DJI) and S&P 500 (SPX) chart courtesy of Trading View shows their recent action. On 01/24/25 SPX made its all-time high unconfirmed by the DJI, and Nasdaq Composite – a potentially very bearish momentum signal. Subsequently on 01/27/25 there was a micro crash in Tech stocks which the DJIContinue reading “U.S. Stocks Testing All-Time Highs – 01/30/25”
Nasdaq Composite Threads the Needle – 01/24/25
The 01/23/25 blog “Watch the Nasdaq Composite – 01/23/25” noted , “If on 01/24/25 IXIC exceeds 20,070.08 and stays below its all-time high of 20,204.50 an important secondary peak could be reached”. The hourly Nasdaq Composite chart -Trading View symbol (IXIC) shows what happened. IXIC exceeded the presumed Minor wave “A” of an Elliott waveContinue reading “Nasdaq Composite Threads the Needle – 01/24/25”
Evidence of a Major U.S. Stock Market Top – 01/24/25
Long-term momentum and sentiment readings for U.S. stocks suggests a major peak is forming. On 01/24/25 the S&P 500 (SPX) continued its recent pattern of making a new all-time high unconfirmed by the other two main U.S. stock indices, Dow Jones Industrial Average and Nasdaq Composite. This significant bearish divergence is just one factor inContinue reading “Evidence of a Major U.S. Stock Market Top – 01/24/25”
Watch the Nasdaq Composite – 01/23/25
On 01/23/25 of the three main U.S. stock indices only the S&P 500 (SPX) continued to make all- time highs. The Dow Jones Industrial Average and Nasdaq Composite (IXIC) are still below their ultimate highs made in December 2024. If two of the three main U.S. stock indices make new all-time highs it would beContinue reading “Watch the Nasdaq Composite – 01/23/25”
Four Dimension Trading 