S+P 500 & NQ-100 Portend Early-Nov ’26 Spike Lows… Into Nov 5/6th Cycle Low.
10-31-26 – “Stock indexes remain divergent with the NQ-100 plunging toward multi-month support (near 27,500/NQZ) as the DJIA fulfilled multi-week upside targets (stretching up to ~52,900/ DJIA) and sold off. The other indexes diverged as well but maintain focus on the first week of Nov ’26…
Stock Indices continue their divergent ways with the DJIA rallying after fulfilling downside projections in late-Sept ’26 and the corresponding outlook for a 1 – 2-month low. It was projected to see an Oct ‘26 rally to ~52,400 – 52,950. The DJIA spiked up to 52,927 and sold off.
As this was unfolding, the NQ-100 spiked to a new all-time high in early-Oct ’26 – while fulfilling its weekly trend pattern & completing its third consecutive ~6.5-month (27 – 29-week) advance as it was fulfilling the midpoint of its ~8-month Cycle Progressions.
That ushered in the time for a multi-week decline, which unfolded throughout October, ultimately turning the weekly trend down in the NQ-100 as it moved toward the monthly HLS and decisive multi-month support near 27,500/NQZ.
That ushers in the time for an initial low, which could be accompanied by a final spike low in the coming week. If so, it would normally trigger a reactive multi-week rebound.
That low would also fulfill multiple daily & weekly Cycle Progressions converging on Nov 4 – 6th.
In the S+P 500, a low on Nov 4 – 6th would arrive at the midpoint of a ~2-month/~9-week low-high-high-high Cycle Progression that could produce a future high on Dec 7 – 9, ’26.
It would also fulfill a ~7-week/~49-day low-low-low-(low) Cycle Progression and a shorter-term 11 trading-day high-high-high-high-(low; Nov 5, ’26) Cycle Progression.
It is also the next phase of the ~1-month/~30-degree Cycle Progression that helped pinpoint the early-Oct ’26 peak.
Stock indices plunged into the end of October, helping to turn the weekly trend down in another key index – the NQ-100… increasing the likelihood for a new sell-off to immediately follow.” TRADING INVOLVES SUBSTANTIAL RISK!
The S+P 500 & NQ-100 peaked in early-Oct ’26 (along with Russell 2000) while spiking to new all-time highs and fulfilling early-October ‘26 Cycle Progressions (portending multi-month peaks). Related sell signals projected a multi-week, sharp decline into Nov 4 – 6, ’26 – when a pivotal low is expected. The ideal time for that future low has been honed for Nov 5/6th, ’26.
The NQ-100 has critical support at ~29,000 – 29,400/NQZ that should help determine when this decline would shift into a higher-magnitude decline in sync with multi-month Cycle Progressions. The NQ-100 set a double top at the midpoint of its ~8-month/32 – 36-week Cycle Progression in early-Oct ‘26, projecting at least a 1 – 2-month decline to follow. That should accelerate into Nov 5/6th.
The DJIA is divergent and bottomed in late-Sept ’26, signaling a multi-month low. A secondary high is most likely in early-Nov ’26 – on Nov 2 – 4th. These competing extremes reinforce the impact the mid-term elections could have on these indexes.
Will S+P 500 Accelerate into Nov 5/6th Cycle Low?
Are Markets Providing Political Clues??
Is NQ-100 Leading a Broader Downward Reversal?
See current Weekly Re-Lay & INSIIDE Track publications for the most updated analysis.