Stocks Heading for Multi-Month Surge to New (DJIA, S+P 500 & NQ-100) Highs.
05/10/25 – Stock indexes continue to rally after fulfilling the 3 – 6 month outlook for 20 – 25+% declines into early-April – when a wealth of cycles & timing indicators converged and signaled a multi-month bottom. Stocks also reached multi-month downside range trading targets and attacked 6 – 12 month support zones with some indexes now capable of retesting their all-time highs…
Stock Indices remain positive – on a 2 – 4 week basis – reinforcing that a multi-month bottom likely took hold on April 7th… the convergence of monthly, weekly & daily cycles and the fulfillment of downside targets discussed since late-2024. In some indexes, that low could spur overall rallies to new all-time highs.
The April 7th lows were very significant as they saw many indexes attack 6 – 12 month support zones, 3 – 6 month downside targets, and fulfill 17-Year Cycle-related projections for 20 – 30% (or 35 – 50%) declines leading into early-April.
A wide array of benchmark stocks suffered 30 – 65% declines from their 2024 (or early-2025) peaks while bottoming on April 7th – powerfully fulfilling the 17-Year Cycle of Stock Market Peaks & Declines in which stock plunges of 30 – 50+% are seen on a regular (17-year) basis.
In several cases, stock indexes also plummeted to 1 – 2 year support, range-trading targets, and/ or 3 – 6 month downside objectives with the DJIA precisely connecting the March ’20 (Covid-19) low, the late-Sept ’22 low and the early-April ’25 low – each 132 weeks from the other while – fulfilling a myriad of downside targets & support.
The DJIA reached its April ’24 low (4th wave of lesser degree support) AND retested its 2022 peak (36,952/DJIA) while spiking down to its rising monthly 21 Low MAC AND 40 High MAC. It accomplished all that without turning its monthly trend down.
That monthly trend indicator, combined with the perceived wave structure, could create a new top in the coming months and potentially usher in a second 25 – 35+% decline in 2025/2026 – leading into a 17-Year Cycle from the 2009 low in 2026.
On an intermediate basis, Stock indices rallied into early-May and fulfilled weekly cycles while ushering in an initial peak… Those indexes need to give daily closes above their May 2/5th highs to extend these rallies…” TRADING INVOLVES SUBSTANTIAL RISK
Stock Indexes are powerfully reinforcing analysis for surges to new all-time highs after confirming multi-month bottoms in early-April ’25 – when the culmination of 20 – 30+% plunges was forecast. At the time, they fulfilled major 1 – 2-year downside price targets and related 17-Year Cycle analysis for 2025.
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 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. Mid-May ’25 could/should trigger another wave of bullish signals. 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.
What Wave Structure Projected April 4th/7th Bottom Followed by Rallies to New All-Time Highs?
How are Monthly Trend & Monthly 21 MACs Reinforcing Those 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.