Stocks Portend Higher Levels into Late-April ‘26; Pullback in Early-May.
04-18-26 – “Stock indexes entered a second surge, reinforcing analysis for a March 30th low followed by a quick, sharp rally that could last into late-April ‘26…
Stock Indices fulfilled the outlook for a large sell-off in March ’26, ushering in projections for a multi-week (or longer) low to take hold in the days surrounding March 30, ’26 – also fulfilling a ~1-year/~51-week low-low-(low) Cycle Progression and many related weekly CPs.
Since then, they are confirming the outlook for strong rallies from those lows that could stretch into late-April in the S+P 500 & NQ-100…
As this multi-week reactive rally has unfolded, a leading stock (NVDA) has traced out additional reinforcements, surging to its weekly LHR on April 10th and then to its weekly HHR on April 17th…
Stock indices have surged from the March 30th lows and remain positive until daily closes below their respective April 15th lows. Some indexes could stretch rallies into late-April ’26…
Crude Oil, Unleaded Gas & Heating Oil have retreated (though significantly more in Crude than in Unleaded Gas) after surging dramatically into late-March ’26 & are nearing multi-week support. That 1Q ’26 rally fulfilled analysis for a major low in early-Jan followed by a sharp 1Q ’26 surge.
Unleaded Gas rallied into March 31st, when Cycle Progressions converged, fulfilling its Jan 5 – 9, ’26 outside-week/2 Close Reversal buy signal. It also completed a .618 rally in time. At the same time, the XLE & XOI fulfilled multi-month Cycle Progressions in late-March ’26.
On a broader basis, Unleaded Gas has a consistent ~4-year cycle that timed peaks (at least 6 – 12 months & often 1 – 2 years in duration) in May – July 2006, 2010, 2014, 2018 & 2022… projecting a similar peak in May – July 2026. The fact its current pullback is shallow, and holding near-term support, corroborates that future cycle.” TRADING INVOLVES SUBSTANTIAL RISK!
Stock Indexes have surged from a powerful convergence of daily, weekly & monthly Cycle Progressions and timing indicators on March 30, ’26. Many indexes also fulfilled major downside price objectives at their late-March ’26 lows – setting decisive bottoms. That ushered in a multi-month bottom in sync with an uncanny geometric cycle in the DJIA and the textbook scenario for the ~8-Month Cycle Progression in the NQ-100. The NQ-100 projects a 2 – 3-month surge to follow. As described in late-March ’26:
3-30-26 – “Stock Indices are fulfilling the outlook for a large sell-off in March ’26… They have stretched their declines into the late-March/early-April ’26 time frame – the ideal ~2-week period for a 1 – 2 month low to take hold… A low on March 30 – April 3, ’26 would also fulfill a ~51-week low (Apr 24 – 28 ’23) – low (Apr 15 – 19, ’24) – low (Apr 7 – 11, ’25) – (low; March 30 – April 2, ’26) Cycle Progression.
All things (timing indicators) considered, March 30th is the ideal date for an intermediate low…
The DJTA (Transportation Average) is reinforcing this… it turned its daily trend up… portending a quick, reactive 2 – 3 day pullback before a larger rally. The 3rd day of that reactive 2 – 3-day pullback is today – March 30th. It has not even neutralized its daily uptrend, reinforcing the potential for a secondary low and the onset of a larger advance.”
The outlook for a powerful surge in energy prices (and GSCI) in 1Q ’26 coincided with that as inflation markets continue to portend trouble in the first half of 2026. That was reinforced by mid-Jan buy signals & subsequent action in Crude & the products. Unleaded Gas should stretch a more significant peak into at least May ’26 – when broader monthly Cycle Progressions peak. However, oil stocks may have already set multi-month peaks while fulfilling a myriad of Cycle Progressions in late-March ‘26.
Why Did March 30, ’26 Likely Time Multi-Month Low in Stock Indexes?
How Does This Validate & Reinforce July ’26 Cycle Progressions?
What Does DJIA ~6-Month/~180-Degree Cycle Portend for 3Q 2026?
Refer to latest Weekly Re-Lay & INSIIDE Track publications for additional details and/or related trading strategies.