Stock Market Reinforcing Outlook for New Multi-Month Surge… to New All-Time Highs!
04/23/25 – Stock Indices are reinforcing that a multi-week, and potentially multi-month, bottom took hold on April 7th – the convergence of monthly, weekly & daily cycles and the fulfillment of diverse downside targets.
At the time, they fulfilled ongoing projections for 20 – 25% declines leading into early-April AND attacked decisive 3 – 6 month range-trading objectives.
The DJTA, S+P Midcap 400 & Russell 2000 are leading this reversal higher just as they led reversals lower in late-Nov ’24, late-Jan ’25 & late-Feb ’25.
Several indexes dropped to their daily HLS levels (extreme downside daily targets) on April 16th and held. That projected a 1 – 2 week low in the ensuing 2 – 3 trading days (April 21/22nd at latest).
That was reinforced by many of the same indexes repeating that pattern on April 21st – dropping to their daily HLS levels and holding. Key indexes (DJIA, ESM & NQM) also attacked weekly support levels – increasing the likelihood for a secondary low on April 21st and a reversal higher on April 22nd.
That has taken place and reinforces the outlook for Stock Indices…
Since the start of 2025, the focus has been on March/April – more specifically on late-March/early-April ’25 – as the most likely time for the culmination of multi-month stock plunges. The price expectations for those declines were stressed repeatedly.
As described in February & March, stocks had become increasingly likely to fulfill (minimum) 17-Year Cycle projections – for 20 – 25% declines – by/in early-April ’25 when an initial bottom was/is most likely. That is why a pair of plunges were projected to follow the late-February reversal signals.
That was corroborated by a myriad of timing indicators projecting sell-offs into April 3 – 7, including a ~9-week/~2-month high-high-high-high-(low; April 1 – 7) Cycle Progression – in the DJIA, DJTA & other indexes – and the ubiquitous ~8-month cycle from the August 5, ’24 low.
In the S+P 500, that ~8-month cycle (same cycle that projected the IDX Nov 22/25, ’24 peak) split into a symmetrical ~4-month/123-day low (Aug 5) – high (Dec 6) – (low; April 4/7th) cycle.
As for that ~9-week/~2-month Cycle Progression, it should produce a subsequent low in early-June ‘25. The magnitude of that low is yet to be determined and will be heavily influenced by what the weekly trends signal in the coming weeks.
In setting the April 7th lows, the S&P Midcap 400 & Russell 2000 plunged to decisive range-trading targets while the DJTA, described as being more bearish, was projected to see a larger decline and reached the 30% decline threshold at that time.” TRADING INVOLVES SUBSTANTIAL RISK
Stock Indexes are confirming developing bottoms after plunging into decisive cycle lows in early-April ’25 (April 3, 4 & 7th possessed greatest synergy of cycles for completing 20 – 30% projected plunges) while fulfilling major downside price targets and 17-Year Cycle analysis for 2025. Decisive objectives were fulfilled with the early-April ’25 lows!
Their monthly trend patterns, monthly 21 MACs & MARCs, monthly (and weekly) cycles, monthly downside objectives & 6 – 12 month support levels all argue for powerful rallies that could catapult key indexes up to new all-time highs in the coming months. The (perceived) multi-year wave structure is arguing for the same.
Metals are corroborating as Silver (along with Platinum & Palladium) fulfilled ongoing forecasts for major lows in early-April, triggering revealing buy signals that were followed by powerful surges. Meanwhile, Gold rallied into the days surrounding April 19th (Date of Aggression) – and was/is expected to set a 2 – 3 month peak at that time.
Why is April 4th/7th Bottom Likely To Spur Rallies to New All-Time Highs?
How are Monthly Trend & Monthly 21 MACs Reinforcing Projected Lows?
How Does Outlook for MAJOR Surge in White Metals Concur?
Refer to latest Weekly Re-Lay & INSIIDE Track publications for additional details and/or related trading strategies.