Stocks Entering ‘Danger Period’

Stocks Entering ‘Danger Period’;
Aug. 15–26th Drop Expected…
Sharper Decline in Sept. Likely.

08/13/16 Weekly Re-Lay: 

“Stock Indices have traded through another vulnerable transition period, ushered in by the latest phase of the uncanny 32–33 Week Cycle – AND the culmination of an overriding, ~66-Week low-low-high-high (early-Aug. ’16Cycle Progression – both peaking on August 1–12th.

As of August 15th, both of these cycles will be rolling over to the downside and entering a likely period for a new intermediate decline.  This is the latest phase of similar action in the 32–33 Week Cycle – which turned negative in Sept. ’14, May ’15 & Dec. ’15… and triggered sharp drops.

Price action corroborates these cycles as all the Indices surged to their intermediate upside targets – at 18,600–18,700/DJIA, ~2175.5/ESU & ~4700/NQU – fulfilling the primary expectation originating from the late-June cycle low (but not yet signaling a reversal lower)…

The MMX is showing signs of a secondary top and projecting a quick drop into Aug. 24–26th.  Other Indices could follow…as the DJIA continues to bump up against its 18,600–18,700 objective.  The most likely time for a new decline is right after mid-month.”    [Initial Decline Expected August 15th–26th;  September sell-off should follow.  See complete 8/13/16 Weekly Re-Lay for expanded analysis on the impending ‘Danger Period’ in the stock market, projecting an initial overall drop from mid-August into late-September.  Find out more details in the Weekly Re-Lay & INSIIDE Track.]