Stocks Fulfill Multi-Week Cycle Highs; Project Drop into April ’25 Cycle Lows!
03/29/25 – “Stock indexes did extend their rebounds into the past week, attacking minimum upside targets with the DJIA reaching its primary upside objective. They turned back down – in sync with weekly/monthly cycles – and are fulfilling the outlook for subsequent declines into late-March/early-April. A divergent low could form at [reserved for subscribers]…
Stock Indices fulfilled expectations for a multi-week peak this past week – perpetuating a ~17-week/~4-month high-high-high-(high; Mar 24 – 28) Cycle Progression and the midpoint of an over-over-arching ~35-week/~8-month high-high-high-(high; Nov 25 – 29, ‘24) Cycle Progression.
They reached 1 – 2 week upside targets with the DJIA peaking at 42,821 as the NQ-100 peaked right at its descending daily 21 High MAC (20,528/NQM; high was 20,536/NQM). The DJIA, S+P 500 & Russell 2000 also peaked in line with their daily 21 MACs and daily trends…
Stock indices set 1 – 2 week highs as several were attacking minimum upside targets (20,370 – 20,445/NQM) and the DJIA was reaching its primary upside objective at 42,801 – 42,907/DJIA (50% rebound, weekly LHR, weekly 21 Low MAC & weekly 2CR).
The now-declining weekly 21 Low MAC was at 42,815 as the DJIA peaked at 42,821 and reversed lower.
That occurred in sync with their daily trend patterns as the DJIA, S+P 500, NQ-100 & S+P Midcap 400 turned their daily trends up – a lagging indicator that usually times an initial high and spurs a reactive 2 – 3 day sell-off.
That sell-off turned the daily trend back down in the NQ-100 but would not do the same in the DJIA, S+P 500 & S+P Midcap 400 until daily closes below the March 28th lows.” TRADING INVOLVES SUBSTANTIAL RISK
Stock Indexes peaked on March 25/26th – during multi-week & multi-month cycle highs and right at pivotal 1 – 2 week resistance levels – and remain on track for lower lows into early-April ‘25. This is confirmation of a broader stock market (seismic) shift – validating weekly trend and multi-month 4-Shadow signals triggered in January and corresponding sell signals triggered on/after January 22/23rd. A drop into April would reinforce July ’25 cycles and fulfill what has been detailed in Weekly Re-Lay analysis:
3-05-25 – “In either case, the stronger focus is on late-March/early-April ’25 – when a more significant low has been projected to take hold… the rising monthly 21 Low MAC is around 2785 and could reach ~2810 in April ’25…. The monthly HLS (extreme downside target for March ’25) is at 2803/IDX.” — March 5, 2025 Weekly Re-Lay Alert
What Would Late-March/Early-April Drop Portend for 2Q 2025?
How Low is Next Decline Likely to Fall… and What Will Likely Follow?
Is S+P Midcap Still Likely to Drop Below 2800/IDX in April ‘25?
Refer to latest Weekly Re-Lay & INSIIDE Track publications for additional details and/or related trading strategies.