Stocks Enter Transition Period
12/10/16 Weekly Re-Lay:
“Stock Indices have rallied since fulfilling multi-month cycles projecting a low in Nov. 2016 (linked to previous lows in Jan. & Jun. 2016, as well as Aug. ’15 & Oct. ‘14). At the same time, they are entering a multi-month/multi-quarter period (Dec. ’16–May ’17) when a convergence of multi-year cycles turn bearish at the same time.
This latest rally is reinforcing the 17-Year Cycle that help project a sharp, ~20% drop in mid-2015 – between late-April & late-Sept. ’15 – and then turned back up. In 1998, the same thing occurred and the Indices then entered a final 15–17 month rally – into their Jan. & March ’00 peaks.
In 2015/2016, the Indices bottomed in August ’15 and have ‘rallied’ 15+ months – placing them into the 1–2 month time frame when that 17-Year Cycle peaks. In doing so, DJIA & S+P 500 have surged to new highs while the NYSE & Nasdaq 100 remain at or below their previous peaks…
Shorter-term weekly cycles (NQH, in particular) are also anticipating a subsequent low on Jan. 3–10th.”
Stock Indices reinforcing projections for early-Jan. 2017 cycle low – the latest phase of 4-week & 8-week low-low cycles. They could subsequently project 4- and/or 8-week rallies, at the same time long-term cycles are peaking and preparing to turn bearish (look for transition in Dec. 2016–May 2017).
The 17-Year Cycle remains the most consistent multi-year cycle – after precisely projecting ~20% declines in May–Sept. 2015 – and portends final peak in 1Q 2017 (March 2017??). See Weekly Re-Lay & INSIIDE Track for additional details.