NQ-100 Targets Primary Drop to ~27,400/NQ; Topping Process Unfolding.
07-15-26 – “Stock indices entered a decisive period in late-June/ early-July ’26 – the upside timing target for this overall rally (from the March 30, ’26 cycle lows). With regard to the NQ-100, this time frame has been in focus since Oct ’25 – when the previous phase of the related ~8-month/~33 – 36-week Cycle Progression timed a peak.
During the subsequent ~5 months (Nov ’25 – March ’26), that Cycle Progression was cited as one of the reasons why the NQ-100 should decline into late-March/ early-April ’26 and then rally into mid-2026. The NQ-100 bottomed in close adherence to that analysis… and is now attempting to peak in similar adherence.
On a cash basis, the NQ-100 set 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…
One possibility is that the NQ-100 sells off and closes the week (July 17) below 28,508/NQU and turns its weekly trend down… resolving this divergence.
That could easily have it testing its rising weekly 21 High MAC (currently at 28,345/NQU) before setting a type of ‘c’ wave low (‘a-b-c’ correction from the early-June high). The minimum downside target for that ‘c’ wave decline is 28,375/NQU (‘c’ = ‘a’ decline).
A larger-magnitude downside target emerges around 27,420/NQU – where the current decline would equal the magnitude of the Oct ’25 – March ’26 decline. A daily close below 29,328/NQU is needed to turn the intra-month trend down and signal a higher magnitude correction.” TRADING INVOLVES SUBSTANTIAL RISK!
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.”
The NQ-100 peaked in June ‘26 – in lockstep with what was described in 1Q ’26 – and has been reinforcing related sell signals. Corroborating signals are developing… and likely to be triggered in July/August ’26. That should prepare the way for September ’26… and then 4Q ’26!
Currently, it is projecting a pair of declines in the coming weeks – ultimately targeting a drop to ~27,400/NQ… where an initial multi-week low is most likely.
Will NQ-100 Lead New Decline… as in 4Q ‘25?
See current Weekly Re-Lay & INSIIDE Track publications for the most updated analysis.