Stocks Poised for Volatile Swings into April 19 – 21 Peak, Then Abrupt Sell-off.
04/11/22 INSIIDE Track Intra-Month Update – “Stock Indices are showing renewed divergence as the DJIA is poised for a high by/on April 22, while others already signaled intermediate peaks. The NQ-100 turned its weekly trend up while surging to its 4th wave of lesser degree resistance – setting an initial high – as other indexes turned negative, basis their weekly trends.
That could be warning of a couple sharp moves in the next 2 – 3 weeks – potentially creating 2 – 4 week lows and highs within 1 – 2 weeks of each other.
They have been in a wide and volatile range of congestion after completing ~2-month declines that fulfilled the 2-Year, 8-Month, 4-Month & 2-Month Cycle forecasts. As most indexes were fulfilling projections for 1 – 2 month lows on Feb 23/24, the focus shifted to future cycle highs in the DJIA – converging on April 11 – 22. That is when the next multi-week peak was/is expected to take hold in that index.
That was due to a combination of weekly cycles, including a 14 – 15-week low-low-low-high-(high) Cycle Progression in the DJIA. However, it would also perpetuate the 2-Year Cycle parallels to 2016 – when stocks bottomed in Feb ’16 and then rallied into the later part of April ’16.
A peak on April 18 – 22 would also complete the first month of Natural Year 2022/23 and take stocks into the Date of Aggression (April 19/20) when external challenges or conflicts are more likely.
While the DJIA has remained on course, many signaled intermediate peaks after twice neutralizing their weekly downtrends before reversing lower (without turning those weekly trends up) in late-March/early-April…
Last week, most indexes dropped to weekly HLS levels (extreme downside targets for last week) – indicating that new 1 – 2 month lows should take hold in the coming weeks. That is 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 (although that cycle could extend a low into next week).
On a 1 – 2 week basis, the key appears to be the daily trend in the DJIA. It would not turn down until a daily close below 34,190/DJIA. (Most other indexes have turned their daily trends down with the S+P 500 and NQ-100 just doing so today.) If the DJIA does NOT turn its daily trend down, that would project a rally back to its recent highs – likely fulfilling the potential for an intermediate peak by April 22. (Depending on what the other indexes do at that time, that could lead to another abrupt sell-off in late-April.)
On a broader basis, equities are adhering to the outlook for 2022, first peaking in early-Jan ‘22 and suffering a sharp 1 – 2 month sell-off (fulfilling the 2-Year, 8-Month, 4-Month & 2-Month Cycle analyses) before setting divergent lows in Feb & Mar ‘22. That was/is forecast to be part of a larger topping process in 2022 – with multi-month highs projected for early-Jan ’22 and Sept/Oct ’22.”
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.
The next 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). 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 unfolding after Gold fulfilled analysis for an accelerated advance into early-March – with a myriad of cycles peaking this past week, on March 7 – 11. 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 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?
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.