Stocks Nearing Date of Aggression & DJIA Cycle Highs (April 19 – 21).
04/16/22 Weekly Re-Lay – “Stock Indices remain in divergence as the DJIA is constructive – on a 2 – 4 week basis – while most other indexes are negative after peaking in late-March and triggering weekly trend sell signals.
Since their late-March highs, and their failure to turn the weekly trends up after multiple neutral signals, indexes like the DJTA, Russell 2000 & S+P Midcap 400 have had a steadily-building potential to retest their lows…
That remains in stark contrast to the DJIA and its daily trend (up/neutral) and weekly cycles – that argued for a peak by/on April 22. Is it possible stocks spike lower to begin the week (surrounding the Date of Aggression) and then rally into week’s end? That is possible but the DJIA is the only index exhibiting resilience at this time.
The NQ-100 is focused on cycles that converge in late-May/early-June ’22 – the latest phase of a ~27-week low-low-high-(high) Cycle Progression and a potential .618 rebound in time (16/17 weeks down/ 10 weeks up) – for its next multi-week peak. There is also a ~5-week cycle that corroborates.
The S+P 500 and NQ-100 turned their daily trends down and projected spikes lower into mid-month – also fulfilling their prevailing intra-month downtrends – even as the DJIA maintained its positive daily trend pattern and would not turn negative until a daily close below 34,190/DJIA.”
Stocks fulfilled the outlook for a decisive peak in early-Jan ’22 followed by a 2 – 3 month plunge to begin 2022. That is just the start of a massive shift projected for 2022 – ultimately leading to market jolts in late-2022 through late-2023. An overall 4 – 5 month decline was/is expected between that cycle peak and the next (Sept/Oct ’22).
A decisive time for stocks should arrive on/around the Date of Aggression – April 19/20, ’22 – the exact date stock indexes peaked in 2016 (see 2-Year Cycle analogy) and underwent a sell-off into May 6 of that year. The next phase of this overall topping process – and next danger period – could follow an April 19/20 peak and result in another sharp sell-off (to new lows in many indexes) in late-April ‘22.
This stock market rebound is coinciding with another rally in Gold after it fulfilled analysis for an accelerated advance into early-March (cycles peaked on March 7 – 11) and then dropped into mid-March. That powerfully validates War Cycles projected to begin in late-2021/early-2022 and stretch through 2025 even as it could time a 1 – 2 month peak in Gold. A subsequent Gold high is likely on April 18/19, just before/as stock cycles peak.
How Does This Impact 10, 20 & 40-Year Stock Cycles Colliding in 2022?
Why Could Date of Aggression Usher in Dangerous Time for Stocks AND Gold?
How Do Gold Cycles (Peaking on April 18/19) Fit Into Equation??
Refer to latest Weekly Re-Lay & INSIIDE Track publications for additional details and/or related trading strategies.