Nasdaq-100 Slowly Confirming Peak; ‘Eerie Parallels’ & Dec ’25 Cycles in Focus.
11-17-25 – “Stock Indices are continuing their latest sell-offs with the S+P Midcap adding reinforcement to its Sept & late-Oct ’25 double top… Last week, the Midcap spiked to its weekly LHR (extreme upside weekly target) and then reversed lower, generating an outside-week/2 Close Reversal Combo sell signal in the process.
At the same time, one index briefly spiked to a new high and reversed lower…
The DJIA fulfilled a Golden Ratio-related web of moves – completing a second consecutive advance of 31 – 32 weeks, that was 1.618 times the ~19-week decline from late-Nov ’24 into early-April ’25. The recent high arrived just shy of 1 year/360 degrees from that late-Nov ’24 peak.
It did that while completing another pair of equal-duration rallies – successive 15-week advances from early-April into late-July and from early-Aug into the week of Nov 10 – 14, ’25… displaying multiple signs of upside fulfillment & completion… in preparation for a new decline.
The DJIA set that peak while spiking to/above its weekly LHR (extreme weekly upside target) and then reversing lower… similar to what multiple indexes accomplished.
The NQ-100 remained weaker and is validating a scenario that could see it drop back to [reserved for subscribers]… The NQ-100 generated its third daily 2 Close Reversal lower – reinforcing the sell signals triggered on Oct 30th and Nov 12th…
On a short-term basis, the daily trends & daily 21 MACs corroborated expectations for a new decline to begin this week and are revealing additional short-term expectations for the coming days.
On a much broader basis, this dovetails with the ongoing discussion regarding late-2025 being the time when ‘eerie parallels’ to the 1920’s & 1990’s would begin to emerge. Recent Weekly Re-Lay Alerts have elaborated on this.
On an intermediate basis, any of these indexes need to give a daily, and then weekly, close below the Oct 10th low to signal a larger-degree top with the potential for a new sell-off into early-Dec ’25 – the next phase of the ~8-month low-low Cycle Progression that timed the early-April low.” TRADING INVOLVES SUBSTANTIAL RISK!
Stock Indexes are mixed with the potential for some indexes to extend rallies into Dec ’25 – when a consistent ~13-month Cycle Progression next recurs. A more significant peak is expected at that time, dovetailing with the latest phases of the ~2-Year Cycle and a related ~4-Year Cycle Progression. An ‘eerie parallel’ – connected to projections for Bitcoin & cryptos to turn decidedly negative in Nov/Dec ’25 – has likely begun.
In contrast, the NQ-100 had daily & weekly Cycle Progressions most synergistic on Oct 28/29th – when a multi-week peak was likely. It peaked closer to the recent Bitcoin top, validating an early sign of that ‘eerie parallel’. On Nov 4th, it turned its daily trend down – confirming a multi-week (and potentially larger) peak and projecting a pair of declines this month.
The Oct ’25 high fulfilled the 5th consecutive ~3-year advance in the Nasdaq-100, since its March 2009 bottom. They occurred in March ’09 – March ’12, June ’12 – July ’15, Aug ’15 – Aug ’18, Dec ’18 – Nov ’21 and now October 2022 – October 2025. The final week of October saw multiple daily Cycle Progressions converge with the latest phase of its ~8-month/~35 – 36-week low (Mar ’23) – low (Oct ’23) – high (July ’24) – high (Feb ’25) – (high; Oct 17 – 31, ’25)… the ideal setup for a multi-month (minimum) peak!
The Sept 3, 2025 Weekly Re-Lay Alert reiterated the outlook for the rest of 2025 in most other indexes and expectations for a dangerous period between Dec ’25 and March/April ’26. It stated:
9-03-25 – “The second cycle peak arrives in Dec ’25 and has been cited in previous analysis regarding these two time periods. Among other things, it is the next phase of a ~13-month low (Sept ’22) – low (Oct ’23) – high (Nov ’24) – (high; Dec ’25) Cycle Progression. Perhaps more significant is its connection to the ~2-Year Cycle and the over-arching ~4-Year Cycle… closely dovetails with that Dec ’25 (~13-month) cycle peak… It would be a more ‘pure’ cycle peak if new highs were seen at that time…” – End of excerpt from Sept 3, 2025 Weekly Re-Lay Alert
Has NQ-100 Peaked – in Sync with Late-Oct ’25 Cycle Highs?
Will Other Indexes Wait for Dec ’25 Cycle Highs?
Why is Dec ’25 – March/April ’26 Vulnerable & Linked to ‘Eerie Parallel’?
Refer to latest Weekly Re-Lay & INSIIDE Track publications for additional details and/or related trading strategies.