DJIA, Russell 2K & S+P Midcap Project New Drop into Late-Sept/Early-Oct ‘26.
09-19-26 – “Stock indexes are reinforcing the outlook for a multi-month high in July/Aug ‘26 followed by an overall decline into late-Sept/early-Oct ‘26. The DJIA & DJTA are taking the mantle from the NQ-100 and reinforcing a multi-month topping process that could have far-reaching ramifications…
Stock Indices remain on track for an overall decline from mid-August into late-Sept/early-Oct ’26 as they continue to trace out a multi-month topping process… initially led by the NQ-100. That is similar to previous multi-month tops like the one in 4Q ’25. Since early-August ’26, the DJIA (and DJTA) have been leading the selling.
The DJTA is tracing out multiple weekly reversal signals, much like the NQ-100, and closed below its weekly 21 Low MAC while turning the direction of that 21 Low MAC down. The Russell 2000 & S+P Midcap 400 are doing the same while selling off into mid-Sept and initially fulfilling their August Intra-month Inverted V Reversals lower.
They are both trading below their weekly 21 Low MACs with the Russell 2000 turning its weekly trend down and reinforcing the likelihood for a drop below 2800/QR (~272 is related level in IWM ETF). The S+P 400 needs a weekly close below 3608/IDX to turn its weekly trend down.
The Russell 2K flattened its weekly 21 Low MAC and needs an intra-week drop below 2792/ QRZ (270.36/IWM) to turn its direction down. The Midcap 400 would do the same with an intra-week drop below 3564/IDX.
All of this increases the likelihood for an overall decline from mid-Aug into late-Sept ’26 – linked to the same DJIA cycle that helped pinpoint the late-March ’26 low (see Sept ’26 INSIIDE Track).
Sharp drops into mid-Sept ’26 were the latest stage of those expectations… and were fulfilled the past couple weeks. The daily trends could reveal when to expect the next sell-off.
Stock indices sold off after bouncing and setting intra-month highs on Sept 3/4th – the latest phase in a geometric ~1-month/~30-degree high (May 7) – high (June 4) – high (July 7) – high (August 5) – (high; Sept 3/4, ’26) Cycle Progression. They subsequently turned their intra-month trends down – validating those peaks.
That projected, at the very least, a drop into mid-Sept and to monthly support. They fulfilled that and rebounded with the S+P 500 & NQ-100 twice neutralizing their daily downtrends in the process. That could lead to a new reversal lower on Sept 21st… and the onset of a new decline.” TRADING INVOLVES SUBSTANTIAL RISK!
The NQ-100 rebounded after fulfilling analysis for an overall decline into late-July ’26 and to multi-month support at ~27,400/NQ… attacking ~27,400 on July 29th & precisely fulfilling that analysis. That magnified the significance of that support level, which should be treated as multi-month support.
The DJIA peaked in early-August with other indexes peaking in mid-August – all projecting significant declines into late-Sept/early-Oct ’26! The weekly trends should provide additional clues.
On an intra-year basis, Stock Indexes reached and then surged from a powerful convergence of daily, weekly & monthly Cycle Progressions and timing indicators that projected a multi-month bottom on March 30, ’26. That set the stage for the remainder of 2026 and identified last-Sept ’26 as the most likely time for a future multi-month low to take hold in the DJIA.
That is one reason why an overall August/Sept decline has been expected!
How Would Plunge into Late-Sept ’26 Impact 4Q ’26 Outlook?
See current Weekly Re-Lay & INSIIDE Track publications for the most updated analysis.