17-Year Cycle & Stock Market Peaks; Indexes Project Surge into Nov 22/25th.
11/05/24 – 17-Year Cycle & Stock Market Peaks V: Late-November Cycle Highs.
“Casting Shadows Ahead”
Stocks fulfilled analysis for a quick, sharp sell-off into late-October/early-November – casting shadows ahead to what could follow late-November cycle highs. The DJIA spiked lower into November 4th – retesting intermediate support and fulfilling daily cycles while remaining in a weekly uptrend.
The S+P 500 retested its October low (5724/ESZ) and late-August/early-September highs (‘resistance turned into support’ at 5725 – 5730/ESZ) and is holding… in the week after testing and holding its weekly HLS (extreme downside target).
All three primary indexes remain in weekly uptrends with the NQ-100 also maintaining its daily uptrend while pulling back to support. All of this reinforces the focus on late-November ’24 for the next – and potential final (divergent?) high in the equity markets.” TRADING INVOLVES SUBSTANTIAL RISK
Stock Indexes are reinforcing the uncanny precision of the 17-Year Cycle – forecast to time a MAJOR stock market peak in 4Q 2024 and an initial 20+% plunge into March/April ‘25.
What Could Usher in Late-November ’25 Peak in Equities?
Why is 1Q 2025 a Vulnerable Time for Stocks?
How Would Drop into March/April ’25 Set Stage for 2025/2026?
Refer to latest Weekly Re-Lay & INSIIDE Track publications for additional details and/or related trading strategies.