Tag: S+P 500

11/01/23 – “Stock Indices are rebounding in sync with weekly trend reversal patterns, weekly HLS levels, timing retracement levels, and daily cycles in diverse indices.  One example is the NQ-100, which was expected to bottom on Oct 25 – 27 and then see a quick, sharp rally… It spiked down to monthly support on Oct 26 while perpetuating a series of lows on 1-month/30-degree intervals, including previous lows on April […]

10/28/23 – “Stock Indices dropped to new intra-month lows after rebounding into mid-month (DJIA & S+P 500 set highs on Oct 17) and fulfilling their intra-month uptrends while testing & holding weekly resistance levels.  The NQ-100 peaked a few days earlier (Oct 12), fulfilling a ~6-week/~42-day high-low (Mar 13) – low (Apr 25) – low (Jun 8) – high (July 18/ 19) – […]

10/25/23 – “Stock Indices have dropped to new intra-month lows after rebounding into mid-month (DJIA & S+P 500 set highs on Oct 17) and fulfilling their intra-month uptrends while testing & holding weekly resistance levels. This latest sell-off comes after the NQ-100 peaked while perpetuating 6-week & 12-week cycles.  Its Oct 12 high fulfilled a ~6-week/~42-day high-low (Mar 13) – low (Apr 25) – low […]

10/21/23 – “Stock indexes declined after rebounding into mid-month… The Russell 2000 continues to show weakness, potentially warning of what could be on the horizon… Stock Indices rebounded into mid-month (DJIA & S+P 500 set highs on Oct 17), fulfilling their intra-month uptrends while testing & holding weekly resistance levels… and reversing lower. This latest sell-off comes after the NQ-100 peaked while […]

09/23/23 – “Stock indexes extended their declines with several more indexes turning their weekly trends down (a lagging/confirming indicator that often reverses near the culmination of multi-week or multi-month declines).  This reinforced the late-July ’23 cycle highs and validated mid-Sept ’23 cycle highs and reinforced future cycles… Stock Indices added more levels of confirmation to ongoing analysis for: Multi-month top in late-July/early-Aug ‘23 […]

09/20/23 – “Stock Indices remain mixed with weaker indexes breaking below their Aug ’23 lows and ushering in the potential to turn their weekly trends down (a lagging indicator that often reverses while an initial low is being set).  They are showing additional signs of exhaustion on a multi-month basis. In contrast, the DJIA, S+P 500 and NQ-100 – for the moment – […]

09/09/23 – “Stock indexes have rebounded after selling off into daily & weekly cycles (~Aug 18 – 25, ’23).  The daily, intra-month & weekly trends are mixed – projecting additional two-sided trading in the coming week(s).  A rally into mid-Sept ’23 is still likely in stronger indexes… Stock Indices are mixed with a second index – the DJTA – turning its weekly trend down on Sept […]

09/06/23 – “The first 3 – 4 trading days of each month are often the most revealing.  That is why the first 3 trading days are viewed as the ‘opening range’ and the parameters for the intra-month trend. In order to trigger a new intra-month trend (up or down) a market needs to close beyond that 3-day trading range – on any […]

09/02/23 – “Stock indexes have rallied after selling off into daily & weekly cycles (~Aug 18 – 25, ’23) and reversing higher.  That was reinforced by bullish weekly trend & weekly 21 MAC signals that project a rally into mid-Sept ’23 – when another multi-week top is expected… The DJIA did exactly what was described – spiking down to ~34,200 but not giving a weekly close below 34,342/DJIA – […]

08/30/23 – “For the majority of 2023, at least 3 – 4 markets (Gold, Silver, XAU & HUI) – and often many more (DJIA, DJTA, Russell 2000, Dollar Index, Euro, Bitcoin, Ether, etc.) – have been focused on the period of August 18 – 25, ’23 as the most likely time for the culmination of multi-week or multi-month moves and pivotal reversals that […]