Dow Jones Industrial Average Preparing to Outperform S&P 500

The chart included here is a monthly bar chart of the Dow Jones Industrial Average. Each market average is currently overextended. Since December of 2022, the Dow Jones has under-performed the S&P 500. As of this writing, the Dow Jones is once again set up to potentially outperform the S&P. The last time this happened…

How to Spot Today’s Market Maker Behavior (And Avoid The Panic Sell Trap!)

The chart included with this post is a 5-minute OHLC bar chart of the S&P 500 represented by the SPDR S&P 500 ETF (Ticker: SPY). We’re sharing this chart to lay bare classic market maker behavior. This is behavior they exhibit in order to “maintain liquidity in the markets”. Today, after the opening bell, the…

How to Easily Identify Areas of Support and Resistance on a Stock Chart

This is the chart of Darden Restaurants (Ticker: DRI), going back to the start of 2024. Using only price action and volume, a trader can easily spot areas of support and resistance. These areas should be viewed as areas of opportunity. In this example, we can see that price is pushed away from about $170…

Important Relationship Between The Planet Mars and Biogen’s Stock

For those who are new to astrological cycles and the stock market, the following statement may come as a shock: the movement of planet Mars and Biogen’s stock price (Ticker: BIIB) are related. Yes, you read that correctly. If you’re interested in learning more about astro cycles and the stock market, you can start by…

Mystery Chart – Can You Guess This Stock That’s Set to Rally?

Each month we’re posting a “mystery chart” for our readers. If you guess the ticker symbol correctly, you’ll get a 1-month free subscription to the EquiPredict Newsletter+Forecasts. Send your answer to matt@equipredict.com (1 submission per reader). Alternatively, If you’d like to know what this mystery chart is, write to us at info@equipredict.com and put in…

The Price of Olive Oil as a Leading Indicator for the Stock Market

The price of olive oil has been tracked by the St. Louis Federal Reserve since January of 1990 (Note: There may be other sources of olive oil prices going back further than 1990). Regardless, by looking at the long term chart, one can see the price is cyclical. This cyclical nature makes it ripe for…

Nvidia Stock Forecast Using Astronomical Cycles

The charts included with this article cover years 2021-2024. The charts are daily charts of Nvidia (Ticker: NVDA). In studying several astronomical cycles related to Nvidia, a pattern has emerged relating to the stock price and the sun moving through the earth signs of Taurus, Virgo, and Capricorn. Charting enthusiasts will note that as the…