Stocks Poised for April 12 – 20/21 Rally, Then Multi-Week Sell-off.
04/13/22 Weekly Re-Lay Alert: Gold, Silver & the Date of Aggression “Stock Indices are showing renewed divergence as the DJIA is poised for an intermediate high by/on April 22. Depending on the levels of corresponding highs in other indices, that could simply lead to a 1 – 2 week pullback… or could portend something larger.
The NQ-100… turned its weekly trend up while surging to its 4th wave of lesser degree resistance in late-March/early-April – setting an initial high – as other indexes turned negative basis their weekly trends.
That ushered in the time for a reactive 1 – 2 week sell-off… That was likely to lead to lows on April 12 – 14, the target for their intra-month downtrends and the latest phase of a 7 – 8 week high-high-high-low-(low) Cycle Progression in most indexes. That could be taking hold…
So, as has routinely been the case, more divergence could be seen with most equities now rallying into next week – when initial peaks are likely… the DJIA maintained its positive daily trend pattern – as the weaker indexes were undergoing intermediate sell-offs and dropping to monthly support levels – and would not turn negative until a daily close below 34,190/DJIA. The other indexes remain in daily downtrends…”
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.