Stocks Bounce as DJIA Portends Sept 3/4th High & Subsequent Drop into Late-Sept ‘26.
09-02-26 – “Stock Indices continue to trace out a new multi-week/month topping process that has been led by the NQ-100 – similar to several previous multi-month tops including the one that occurred in 4Q ’25.
They remain in daily downtrends, slowly reinforcing what the NQ-100 has been revealing the past couple months, following its early-June ’26 intraday peak… The Russell 2000 & S+P Midcap 400 reinforced that by completing Intra-month Inverted V Reversals lower in August… portending follow-through selling in September.
Most other indexes turned their daily trends down last month and then bounced in late-August – without reversing those daily trends back up. That projected a new wave of selling, which has been unfolding and which could ultimately create a decline into late-Sept ’26 – linked to the same DJIA cycle that helped pinpoint the late-March ’26 low (see Sept ’26 INSIIDE Track for related analysis)…
In the short-term, the new intra-month trends should help clarify what to expect between now and mid-month. As described last week, some of these indexes could set their intra-month highs on Sept 3rd or 4th – the same time of month the DJIA has set its intra-month highs since May ’26.
That is the next phase in a geometric ~1-month/ ~30-degree high (May 7) – high (June 4) – high (July 7) – high (August 5) – (high; Sept 3/4, ’26) Cycle Progression that has timed highs in the DJIA during the 3rd or 4th trading day of each month
It is also the ideal time for an intra-month high if the overall month is going to be a negative one. In that case, a market will trend a little higher during the first 2 – 3 trading days of the new month and then reverse higher (usually on 4th trading day) without turning the new intra-month trend up.
That can then lead to an Intra-month Extreme-Extreme with the high set near the start of the month and the ultimate (intra-month) low set at month-end.” TRADING INVOLVES SUBSTANTIAL RISK!
The NQ-100 has rebounded after fulfilling analysis for an overall decline into late-July ’26 and to multi-month support at ~27,400/NQ. The NQ-100 attacked ~27,400 on July 29th – precisely fulfilling that analysis and magnifying the significance of that support level. At the very least, that level should be viewed as 1 – 3-month support.
In the DJIA and other indexes, the projected August bounce ‘cast shadows ahead’ to Sept/Oct ’26! An ongoing decline – in the weaker indexes – could stretch from mid-August into late-Sept/early-Oct ’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 identified last-Sept ’26 as the most likely time for a future multi-month low to take hold in the DJIA.
That is one reason why an overall decline – from the early-August ’26 peak – is expected to last into late-Sept ’26!
How Would Plunge into Late-Sept ’26 Impact 4Q ’26 Outlook?
See current Weekly Re-Lay & INSIIDE Track publications for the most updated analysis.