NQ-100 Validates Late-July Low; Projects 2 – 3-Week Rally in August!
08-01-26 – “Stock indexes are mixed with the NQ-100 reversing its weekly trend down while projecting a spike low on July 28/29th. That was/is poised to trigger a rally into the first half of August… the ideal time for the next multi-week peak to take hold…
Stock Indices spiked down into mid-week with the NQ-100 reaching its primary downside wave target near 27,400/NQU (reinforced by monthly & weekly support levels). That spurred a rally that could evolve into the projected ‘1 – 3-week reactive rally’ – forecast to take hold after a spike low this past week.
This low initially fulfills a ~4-month low-low-(low) Cycle Progression that already includes significant bottoms in late-Nov ’25 & late-March ’26. It was corroborated by the S+P 500 also dropping right to monthly support – the downside price target for the intra-month downtrend.
All of this action is linked to the weekly signals generated in the NQ-100 on July 24th. At that time, the NQ-100 turned its weekly trend down while closing below its rising weekly 21 High MAC. Both of those indicators are lagging/confirming ones that reinforce the multi-month outlook and the peaks that were set in June ‘26.
In many cases, those reversals occur near the culmination of an initial decline and trigger a reactive 1 – 3-week rebound. Since the NQ-100 had remaining downside targets to fulfill, and daily Cycle Progressions converging on July 28/29th, it was expected to spike down into mid-week and then reverse higher.
Sure enough, it dropped right to that downside wave target that overlapped monthly support (27,301 – 27,578/NQU) and set a low, ushering in the time for a likely rally.” TRADING INVOLVES SUBSTANTIAL RISK!
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 past week was 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. The NQ-100 attacked ~27,400 on July 29th – precisely fulfilling that analysis.
This decline is ‘casting shadows ahead’ to September ’26… and then to 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 Sept – Nov ‘26 – including the likely timing of future multi-month lows. 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 Does Late-July NQ Low Reinforce September ’26 Cycles?
See current Weekly Re-Lay & INSIIDE Track publications for the most updated analysis.