NQ-100 Plunges to ~27,400/NQ Target! Projects Low & Multi-Week Reactive Rally into mid-August.
07-29-26 – “Stock Indices continue to trace out a multi-week topping process (as they confirm projections for a multi-month peak) after fulfilling the projected highs for the latest rally and triggering initial sell signals…
The NQ-100 fulfilled a multi-month upside range target (~31,000/NQU) while fulfilling its ongoing ~8-month/33 – 36-week Cycle Progression and setting its highest weekly close on June 18, 2026 – 33 weeks from the late-Oct ’25 peak. That completed a 50% rebound in time – dropping for 22 weeks and rallying for 11 weeks and projected a sharp decline to follow...
Leading into the month of July ’26, the following scenario was forecast for the DJIA – a scenario that would create that decisive peak on July 6th or 7th (‘3rd or 4th trading day of new month’) and then create a declining month and signal a top:
7-01-26 – “The S+P 500 & NQ-100 remain in negative daily trend patterns, as most other indexes are positive, making the coming days that much more significant.
The majority of related Cycle Progressions pinpoint July 2 – 10, ’26 as the most likely time for the next 1 – 2 month high to occur in all the indexes. This comes after the projected early-June drop – into June 8 – 10th – and the ensuing rally began to distinguish what was likely to unfold in the second half of June ’26, as all the indexes prepared for expected early-July cycles.
Stock indexes produced conflicting daily signals in June – with the DJTA, Russell 2000 & S+P Midcap 400 showing continued strength and portending rallies to new highs and a more significant peak in late-June/early-July ’26.
In contrast, the S+P 500 & NQ-100 – and all of the Magnificent Seven stocks** – turned multiple short-term signals negative (daily trends, intra-month trends & daily 21 MACs) and have remained below their early-June highs since then. Those indexes would not turn their daily trends up until daily closes above their June 15/16th highs.
[**Some of those stocks triggered negative signals in mid-May and provided additional corroboration… potentially leading the onset of a new downturn.]
Then there is the DJIA, which is attacking a myriad of longer-term range trading targets – some dating back over 15 years – surrounding 53,000/DJIA.
In recent years, that sequence of ~8,000/DJIA point moves helped time the early-2020 high & low, the 2022 high & low, the late-’24 peak and the April ’25 low – with range parameters at ~21K, ~29K, ~37K, ~45K… and now ~53K.
A peak near 53,000/DJIA would also complete three successive rallies of similar magnitude, comprising the 5-wave advance from the 2020 low (see July ’26 INSIIDE Track for more details).
With the start of a new month coinciding with weekly & monthly Cycle Progressions AND the mid-year point, the coming days could provide critical clues for the coming month and the potential for a multi-month peak to take hold in Stock Indexes.
The ideal scenario (based on intra-month patterns) would be to see stock indexes rally for the first 2 – 3 trading days of the month (into ~July 6th) and then reverse lower on the 4th trading day (July 7th) without turning the new intra-month trends up.
That would then be followed by a sell-off and a daily close below the July 1st – 6th trading range low.” — End July 1, 2026 Weekly Re-Lay Alert
If that scenario unfolded as expected, it would project an overall decline into late-July ’26 and, ideally, a drop to 50,500 – 51,000/DJIA…
The DJIA rallied into July 6th (3rd trading day), spiked higher and reversed lower on July 7th (4th trading day; preventing intra-month trend from turning up), and then declined into the week of July 20 – 24th, fulfilling corresponding analysis…
The daily trend indicators in the S+P 500 & NQ-100 repeatedly reinforced that scenario with the NQ-100 finally turning its weekly trend down on July 24th – projecting a spike low during the current week…
Revealing ‘proxy’ stocks like NVDA fulfilled multi-month Cycle Progressions in mid-May and triggered multi-month sell signals following them. As stated on multiple occasions previously:
“Key proxy stocks – like NVDA – fulfilled a 28 – 29-week low (April ‘25) – high (Oct ’25) – (high; May 11 – 22, ’26) Cycle Progression while completing a textbook weekly LHR sequence, helping to pinpoint its mid-May ’26 peak – a top that has been projected to hold as a multi-month peak.”
…At the same time, multiple indicators increased the likelihood for a quick, sharp spike low this week. They included the weekly trend & 21 MAC signals in the NQ-100, which are often triggered just before an initial spike low (and reactive rebound) takes hold.
A spike low in the current week (or early days of next week) would fulfill a ~4-month low-low-(low) Cycle Progression that already includes significant bottoms in late-Nov ’25 & late-March ’26. That would set the stage for a bounce into another crucial convergence of daily & weekly Cycle Progressions in the first half of August.
More on that, once a low is set.” TRADING INVOLVES SUBSTANTIAL RISK!
NQ-100 & DJIA Fulfilling Downside Targets! Portend Multi-Week Rally.
The NQ-100 peaked in June ‘26 – in lockstep with what was described in 1Q ’26 – and triggered reinforcing sell signals that projected an overall decline to multi-month support at ~27,400/NQ. The current week is the ideal time for a low at or near that primary downside objective… and the onset of a reactive 2 – 3-week rally into mid-August ’26.
This decline is ‘casting shadows ahead’ to September ’26… and then an even more decisive period in 4Q ‘26!
On an intra-year basis, Stock Indexes surged from a powerful convergence of daily, weekly & monthly Cycle Progressions and timing indicators that projected (well in advance) a multi-month bottom on March 30, ’26. That set the stage for the remainder of 2026 and provided some revealing clues for 2Q – 4Q 2026 – including the likely timing of a future multi-month low. As described in late-March ’26:
3-30-26 – “Stock Indices are fulfilling the outlook for a large sell-off in March ’26… They have stretched their declines into the late-March/early-April ’26 time frame – the ideal ~2-week period for a 1 – 2 month low to take hold… A low on March 30 – April 3, ’26 would also fulfill a ~51-week low (Apr 24 – 28 ’23) – low (Apr 15 – 19, ’24) – low (Apr 7 – 11, ’25) – (low; March 30 – April 2, ’26) Cycle Progression.
All things (timing indicators) considered, March 30th is the ideal date for an intermediate low…
The DJTA (Transportation Average) is reinforcing this… it turned its daily trend up… portending a quick, reactive 2 – 3 day pullback before a larger rally. The 3rd day of that reactive 2 – 3-day pullback is today – March 30th. It has not even neutralized its daily uptrend, reinforcing the potential for a secondary low and the onset of a larger advance.”
How is July Sell-off Reinforcing September ’26 Cycles?
See current Weekly Re-Lay & INSIIDE Track publications for the most updated analysis.