Stock Indexes & Silver Reinforce Major Uptrends; Portend Surges into Late-July ’25.
07-09-25 – “Stock Indices initially sold off after fulfilling projections for a rally into July 1 – 3rd. That was expected to spur a quick multi-day sell-off, capable of reaching weekly HLS levels at 43,812/DJIA, 6207/ ESU & 22,339/NQU.
They rallied into July 3rd, fulfilling the most likely week (June 30 – July 3rd) and most likely days (July 1 – 3rd) for the culmination of the latest rally… and the onset of a brief decline (before a final? rally).
The July 3rd highs also represented a .618 rebound in time. Leading indexes dropped for 19 weeks into their early-April ’25 cycle lows and then rallied for 12 weeks (.618 of 19) into July 3rd.
Based on the weekly trend pattern (reinforced as the DJTA turned its weekly trend up) & related cycles, stocks had a higher probability of seeing some selling in the current week… followed by a new rally into late-July ’25 that would fulfill a ~35-week high (late-July ‘23) high (late-Mar ’24) – high (late-Nov ’24) – (high; July 24 – 31) Cycle Progression.
That ~35-week cycle is the recurring ~8-month cycle that helped pinpoint April 3rd – 7th as the most likely time for a multi-month bottom… 8 months from the early-August ’24 low.
It also helped pinpoint the late-Nov ’24 peak in multiple indexes, fulfilling an ~8-month high (late-Nov ’22) – high (late-July ’23) – high (late-Mar ’24) – (high; late-Nov ’24) Cycle Progression. The DJIA & S+P 500 are forming some daily Cycle Progressions near July 23rd, which are worth monitoring in this context.
An overall rally into late-July ‘25 would fulfill wave symmetry with the culminating rallies in the latest two advances – in Aug – Nov ’24 & April – late-July ’25 – each lasting 16 weeks in duration.
From a broader perspective, these continued advances are fulfilling the overall outlook (since April) for many stock indexes to rally from their April 7th lows to new all-time highs (as a result of multiple monthly indicators discussed in April ’25).
That price analysis filters and/or supersedes cycle analysis and is being fulfilled.
One of the most important, and telling, indicators in that analysis is the monthly trend indicator. In most stock indexes, the monthly uptrend turned neutral twice as equities plunged into early-April ’25. They could not reverse those monthly trends down, projecting a subsequent rally to new all-time highs.
In the near term, the intra-month trends (and month-opening low support) should play a key role in clarifying what to expect in the coming weeks. It would take daily closes below 44,013/DJIA, 6227/ ESU & 22,582/NQU to turn the intra-month trends down and elevate the recent sell-off. Until that occurs, the overall uptrends remain fully intact…
Gold would need to give a weekly close below last week’s low (3250/GCQ) to elevate its latest sell-off to a higher magnitude. Until that occurs, it remains in a weekly (and monthly) uptrend and on track for ultimate new highs leading into late-2025 – in sync with its ~6-month Cycle Progression.
Intermediate cycle highs – in late-July/early-Aug ’25 – could time a multi-week peak and corroborate ensuing cycle highs in late-Oct/early-Nov ’25.
Meanwhile, Silver remains bullish and on track for a surge above 39.00/SI as part of its current advance from early-April. In late-June, it pulled back and attacked weekly support while precisely fulfilling a ‘wave 4 = wave 2’ structure with two successive corrections of ~2.20/SIU each.
That ushered in the time for a new rally – reinforced by Silver’s daily trend pattern – the likely ‘wave 5’ of its overall (initial) advance from the early-April ‘25 cycle low.
From a broader perspective, Silver is still targeting a multi-month rally (from early-April) to 39.50 – 40.10/SIU, where 4 of the latest 5 monthly LHRs converge. Silver also has a pair of range-trading targets at 39.50 – 40.00/SI that reinforce this upside target (~28.50 low – 34.10 high – ~39.70/SIU & ~28.50 low – ~32.25 low – ~36.00 high – ~39.75/SIU high).
A ~5-week low-low-high-(high; July 21 – 25, ’25) Cycle Progression – as well as diverse daily cycles – pinpoint the week of July 21 – 25th as the ideal time for a multi-month peak to take hold.” TRADING INVOLVES SUBSTANTIAL RISK!
Stock Indexes are convincingly fulfilling projections for surges to new all-time highs after confirming multi-month bottoms in early-April ’25 – when they fulfilled major 1 – 2-year downside price targets and related 17-Year Cycle analysis for 2025 (projected 20 – 30+% plunges) and set what should be 6 – 12 month lows.
A myriad of monthly indicators projected subsequent rallies to new all-time highs – with multi-month cycle highs focused first on late-July ’25 and then on late-2025/early-2026. Late-July ’25 could produce a multi-week high with subsequent cycle lows aligning in the second half of August ’25. Monthly & weekly trend indicators are positive and are being reinforced by intra-year trends turning up in the S+P 500 & NQ-100.
Silver, Platinum & Palladium fulfilled ongoing forecasts for major lows in early-April, triggering convincing buy signals that were followed by powerful surges. Silver is targeting a rally above 39.50/SI while Platinum is projected to reach ~1500/PL, at a minimum. Platinum & Palladium remain on track for surges into late-July ’25 as well.
Why Did/Do Key Indexes Project New All-Time Highs?
How Significant are Late-July ’25 Cycle Highs in Stocks & Silver?
How High Can Stocks Surge After Fulfilling 17-Year Cycle Plunge?
Refer to latest Weekly Re-Lay & INSIIDE Track publications for additional details and/or related trading strategies.