Nasdaq Attacks Upside Objectives

03/31/17 INSIIDE Track:

          03-31-17 – Stock Indices remain positive as they complete a 17-Year Cycle from the late-March 2000 peak.  It is also a precise 8-Year Cycle from the March 2009 low.  The Nasdaq 100 is in the strongest position, having spiked to new highs while testing key wave objectives at 5414–5592/NQ.

On an intermediate basis, the Indices fulfilled the potential for a peak on March 1–3rd – perpetuating a ~4-week low-low-low-low-(high) Cycle Progression and increasing the potential for a subsequent peak on March 29–31st… 4 weeks later.  That has unfolded, so early-April could be decisive.

The first significant drop of 2017 is still poised to occur between late-March & late-April, in line with a myriad of cycles – ranging from multi-week to multi-year.  If so, it would just be the first phase of what has been projected to be a bearish period between late-March 2017 and late-March 2018.

3–5 year equity traders & investors should begin considering lightening up (20–25%) on longs if/when the DJIA closes* below [reserved for subscribers only]

This is the first time in many years that longer-term investors are in a position to see a partial liquidation signal generated – adding to the significance of this 1Q 2017 cycle peak.”

Stock Indices remain on track for 2017 peak that would fulfill multiple long-term cycles including the 40-Year Cycle (negative in 3Q/4Q 2017), 17-Year Cycle (downturn in March 2017–Oct. 2019) & 10-Year Decennial Cycle (likely sell-off inJuly–Nov. 2017, potentially stretching into March 2018).  Upside price targets remain in focus and likely to be tested before final peak (21,616–22,030/DJIA & 2465–2531/SPX).  See Weekly Re-Lay & INSIIDE Track for additional details.