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PUG Stock Market Analysis is here to help with SP500, QQQ, IWM, Gold technical analysis, stock analysis and more.

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    SCI-SCV, SCA-SCC: Super Cycle
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    1-5, A-C : Minor
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Stock Market Technical Analysis Blog

Posted by pugsma on January 9, 2026

Hello and Welcome to PUG Stock Market Analysis. 

This stock market technical analysis blog has been live since October 2009 (for 16 years), providing unbiased stock market technical analysis of the SP-500, Gold and more that ignores the white noise of news and politics.  During that time there have been over 6800 blog posts made with over 15,000 charts on the markets and over 17 million page views.

PUG (Steve) has an engineering background and uses a disciplined scientific approach to analyzing the markets.  We have built a wonderful group of member subscribers who complement PUG’s technical analysis charts and commentary.  Subscribers interact with PUG and each other in the subscriber comment section.  Subscribers to the premium service are individual investors/traders, professional money managers, and hedge fund managers.

What is the PUG SMA Premium ServiceBuy Now

The Premium Service uses Elliott Wave Theory, channel analysis, Fibonacci extension/retracement, momentum oscillators and chart pattern recognition to help forecast market directional moves in the SP-500, other indexes, various stocks and commodities.  Based on PUG’s own charts, trend lines and price movement projections, PUG will provide technical analysis updates.

  • Focused on the SP-500 Forecast using charting and technical analysis.
  • Additional price forecast for various indexes, stocks and commodities (examples: QQQ – Nasdaq, IWM – Russell-2000, Gold – GLD) using charting and technical analysis.  Which additional charts are chosen is entirely up to PUG’s discretion based on significant price movement changes of importance.
  • Website daily updates with password protected premium content (Note: updates are for days in which USA markets are open).
  • Daily market commentary and charts (15-min, 60-min, daily and weekly time frames) with price movement projection provided.
  • Moderated comments section where subscribers can interact real-time with PUG and other subscribers on technical analysis.

Below is an example of the Premium Service Short-Term (ST) 60-min chart work for the SP-500:

SP500 Technical Analysis

Below is an example of the Premium Service Short-Term (ST) 60-min chart work for the QQQ:

QQQ Technical Analysis

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January 9th, 2026: 2026 Annual Premium Service Offer

Posted by pugsma on January 9, 2026

Purchase a Premium Service Subscription for 2026 Annual (11 months, pro-rated) at $660 ($60/month) and receive the rest of January for Free (Sign-Up Now). Note: Annual Premium Service at $60/month equivalent rate is only offered once each year during the months of December and January. The rest of the year monthly and 3-month recurring premium service is available at higher equivalent monthly rates ($75 and $70 respectively).

The Premium Service uses Elliott Wave Theory, channel analysis, Fibonacci extension/retracement, momentum oscillators and chart pattern recognition to help forecast market directional moves in the SP-500, other indexes, various stocks and commodities.  Based on PUG’s own charts, trend lines and price movement projections, PUG will provide technical analysis updates.

  • Focused on the SP-500 forecast using charting and technical analysis.
  • Additional price forecast for various indexes and commodities (examples: QQQ: Nasdaq-100, IWM: Russell-2000, GLD: Gold) using charting and technical analysis.  Which additional charts are chosen is entirely up to PUG’s discretion based on significant price movement changes of importance.
  • Website daily updates with password protected premium content (Note: updates are for days in which USA markets are open).
  • Daily market commentary and charts (15-min, 60-min, daily and weekly time frames) with price movement projection provided.
  • Moderated comments section where subscribers can interact real-time with PUG and other subscribers on technical analysis.

Posted in Offer | Tagged: , , , , | Comments Off on January 9th, 2026: 2026 Annual Premium Service Offer

April 29th, 2026: SP-500, QQQ and IWM Chart Update

Posted by pugsma on April 29, 2026

5:55 pm EST: The SP500 gapped down from 7139 to 7135, dropped to 7119, rallied to 7145 (day’s high), dropped to 7108 (day’s low) and then rallied into the close at 7138.

Key Technical Indicators (Short to Intermediate Term)  Print SharpCharts from StockCharts.com

Key Technical Indicators (Intermediate to Long-Term):

  1. Dec 2nd, 2025: $SPX is up 5 straight days [thru 11/28/25], and its McClellan Oscillator cycled from -55 to +68 in just 1 week. Here’s what happened next to $SPX after similar historical rallies.”
    Average gains 1 year later is +17.3% in 12 of 12 cases (100%). Signal triggered at SP500 6849 on Nov 28th 2025, so that implies 8033 by Nov 28th, 2026.
    https://x.com/dailychartbook/status/1995802624076226764?s=46&t=gg5AXDQK37ob5YJ37ot1dw
  2. Jan 11th, 2026: “Market breadth is improving. 338 S&P 500 stocks are now above their 200 day moving average, for first time in 3+ months. After similar breadth recoveries, $SPX was higher 93% of the time 12M later. Only outlier occurred during COVID, only case where drawdowns also exceeded 20%.” SP500 has a 100% (15 of 15 cases)historical probability of being +14.1% higher that 6910 9 months later. That puts the SP500 target at 7884 by Oct 2026.
    https://x.com/Bluekurtic/status/2010471785913807349?s=20
  3. Jan 30th, 2026: “S&P 500 up 1.4% in January. Rest of year up 87% of the time when January is higher. But when it up between 0-2%? Lower only once. Small clues 2026 should be an above average year for investors.” Average gain is +12% (from 6939 this implies 7772 by Dec 31st, 2026). https://x.com/RyanDetrick/status/2017411919297073529?s=20
  4. Feb 6th, 2026: “The Jan-24 to Feb-6 TOY (Turn Of the Year) Period on the SP500 ended being up from 6915 to 6932 (+0.25%). When the TOY is up between 0 and +2%, the rest of the year is up in 19 of 25 cases (76%) for an average gain of +10.7%” (implies a move from 6932 => 7673 by Dec 31st, 2026). https://x.com/WayneWhaley1136/status/2017738698352152932?s=20
  5. Feb 26th, 2026: “Active managers have reduced exposure. NAAIM Exposure Index fell below 80 to 74.9, its first break since May 2025. Then NAAIM dropped below 80 for the first time in 2+ months, 6–9M S&P 500 returns were always positive.” (+14.1% in 9 months implies a move from 6908 => 7883 by Nov 27th, 2026). https://x.com/bluekurtic/status/2027171827819119009?s=46&t=gg5AXDQK37ob5YJ37ot1dw

Wave Count(s):

  1. The primary (white/green) wave count is that the P5-C3-SCV wave up is underway with the P5=1.23P1 target at 8086. The major [1]-P5 wave completed at 7002 on Jan 28th, 2026. The major [2] wave is complete at 6317. The major [3] wave up is underway that will break above the 7002 all-time high. The initial major [3] target is at 8007, where [3]=0.78[1]. The minor 1 of major [3] wave should target the 7343 area. Minute (1) of minor 1 reached 6610 and the minute (2) retraced to 6475, which was just above the 50% Fib at 6464. The minute (3) of minor 1 reached 7147. The minute (4) wave dropped to 7046. The minute (5) wave up is underway with targets at (5)=(1)=7343 to complete the minor 1 wave. Note: The primary (white/green) wave count is valid above 7046.
  2. The alternate (blue) wave count is that minor 1 of major [3]-P5 completed at 7178. The minor 2 wave is underway with a 23%/38% Fib retrace target area at 6980 to 6811. Note: The alternate (blue) wave count is valid below 7178.

SP-500 15-min chart:

SP500 Technical Analysis

SP-500 60-min chart:

SP500 Technical Analysis

SP-500 daily chart:

SP500 Technical Analysis

QQQ 15-min chart:

QQQ Technical Analysis

QQQ 60-min chart:

QQQ Technical Analysis

QQQ daily chart:

QQQ Technical Analysis

IWM 15-min chart:

IWM Technical Analysis

IWM 60-min chart:

IWM Technical Analysis

IWM daily chart:

IWM Technical Analysis

Posted in IWM, Premium, QQQ, SP-500 | Tagged: , , , | Leave a Comment »

April 28th, 2026: SP-500, QQQ and IWM Chart Update

Posted by pugsma on April 28, 2026

5:20 pm EST: Just a quick 15-min chart update. SP-500 15-min chart: QQQ 15-min chart: IWM 15-min chart:

Posted in IWM, Premium, QQQ, SP-500 | Tagged: , , , | Leave a Comment »

April 27th, 2026: SP-500, QQQ and IWM Chart Update

Posted by pugsma on April 27, 2026

1:15 pm EST: The SP500 opened flat from 7164, dropped to 7146, rallied to 7167… Key Technical Indicators (Short to Intermediate Term)  Print SharpCharts from StockCharts.com Key Technical Indicators (Intermediate to Long-Term): Dec 2nd, 2025: $SPX is up 5 straight days [thru 11/28/25], and its McClellan Oscillator cycled from -55 to +68 in just 1 […]

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April 23rd, 2026: SP-500, QQQ and IWM Chart Update

Posted by pugsma on April 23, 2026

9:50 am EST: The SP500 gapped down from 7137 to 7121, dropped to 7116, rallied to 7133… Key Technical Indicators (Short to Intermediate Term)  Print SharpCharts from StockCharts.com Key Technical Indicators (Intermediate to Long-Term): Dec 2nd, 2025: $SPX is up 5 straight days [thru 11/28/25], and its McClellan Oscillator cycled from -55 to +68 in […]

Posted in IWM, Premium, QQQ, SP-500 | Tagged: , , , | Leave a Comment »

April 17th, 2026: SP-500, QQQ and IWM Chart Update

Posted by pugsma on April 17, 2026

10:15 pm EST: The SP500 gapped up from 7023 to 7074, rose to hit 7147 (day’s high and new all-time high!) and closed at 7126. Key Technical Indicators (Short to Intermediate Term)  Print SharpCharts from StockCharts.com $CPC (CBOE Total Put/Call Ratio): On Wed, April 15th, the $CPC dropped below 0.70 to 0.68. The last time […]

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April 17th, 2026: BTC Chart Update

Posted by pugsma on April 17, 2026

BTC daily chart:

Posted in BTC, Premium | Tagged: , | Leave a Comment »

April 17th, 2026: GLD (Gold) Chart Update

Posted by pugsma on April 17, 2026

GLD daily chart: GLD weekly chart:

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April 15th, 2026: SP-500, QQQ and IWM Chart Update

Posted by pugsma on April 15, 2026

4:25 pm EST: The SP500 gapped up from 6968 to 6977, hit 6988, dropped to 6967 (day’s low), then steadily climbed higher all day to hit 7026 (day’s high, new all-time high!) and closed at 7023. Key Technical Indicators (Short to Intermediate Term)  Print SharpCharts from StockCharts.com $CPC (CBOE Total Put/Call Ratio): The $CPC dropped […]

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April 14th, 2026: SP-500, QQQ and IWM Chart Update

Posted by pugsma on April 14, 2026

5:30 pm EST: The SP500 gapped up from 6886 to 6906, then steadily climbed higher all day to close on the high at 6968. Key Technical Indicators (Short to Intermediate Term)  Print SharpCharts from StockCharts.com NYMO +DIV: On Friday, March 20th the NYMO closed at -82 with the SP500 close at 6506 versus a NYMO […]

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April 13th, 2025: SP-500, QQQ and IWM Chart Update

Posted by pugsma on April 13, 2026

10:35 am EST: The SP500 gapped down from 6817 to 6806, quickly hit 6790 (day’s low), rallied to 6823 … Key Technical Indicators (Short to Intermediate Term)  Print SharpCharts from StockCharts.com NYMO +DIV: On Friday, March 20th the NYMO closed at -82 with the SP500 close at 6506 versus a NYMO close at -87 on […]

Posted in IWM, Premium, QQQ, SP-500 | Tagged: , , , | Leave a Comment »