Stockflation, 40-Year Cycle & Nasdaq 100

01/03/15 Weekly Re-Lay: “Stock Indices are rolling over – to the downside – after the DJIA spiked very near its multi-quarter & multi-year extreme upside price target(s) at~18,150.  The Nasdaq (& NYSE) remains below its November peak – a high that fulfilled so many diverse cycles…

Stock Indices remain in the process of completing a 40-Year Cycle of ‘Stock-flation’ from their Dec. 1974 lows.  About the only expectation for 2014 – that has not yet been fulfilled – was the potential for the DJIA to reach its extreme upside objectives – at ~18,150–18,500.

It made it up to 18,103/DJIA…the ESH & NYSE have turned their daily trends down – confirming the daily 21 MAC reversals (down) that took place at the beginning of the week.  And that was validated by the NYSE giving its lowest monthly close – on Dec. 31st – since Sept. 30th…this comes after the Nasdaq 100 & NYSE peaked at lower highs than their late-Nov. peaks…

(Remember: The Nasdaq 100 was/is the Index with the greatest synergy of cycles in November 2014 – linked to previous highs & lows in Nov. 2007, Nov. 2008, Nov. 2012 &Nov. 2013.  Currently, Nov. 2014 remains its highest peak.)

There is one important time frame/cycle to watch in January.  A low at that time would act as both fulfillment and foreshadowing of other cycles.  That time frame is in mid-January – arriving ~90 degrees from the mid-Oct. low and ~30 degrees from the mid-Dec. low (as well as ~270 degrees from the April 2014 low).  A low in mid-January would reinforce the potential for a subsequent low in mid-April – ~90 degrees later.  Impending price action should help identify the ideal place for that cyclic low.