Stocks Reinforcing April – June Outlook. Energy Surging into May ’26 Cycle Peaks.
04-25-26 – “Stock indexes rallied into late-month, reinforcing analysis for a March 30th low followed by a sharp rally… Stock Indices have surged into late-April, fulfilling many multi-week timing indicators while corroborating other multi-month ones. The first stage of this shift was projected to be a multi-month low in late-March/early-April ’26:
3-18-26 – The NQ-100 led the related topping process… that pinpointed late-Oct ’25 as the time for a 3 – 6 month (or longer) peak in that index. At the time, it fulfilled an ~8-month/33 – 36-week low (Mar ’23) – low (Oct ‘23) – high (July ‘24) – high (Feb ‘25) – (high; Oct 20 – 31, ’25) Cycle Progression …
On the basis of the ~8-month Cycle Progression, the ideal scenario… is for that high to be followed by a 22 – 24-week decline (.618 – .667 of the cycle)… In either case (~22-week decline, which is a .618 time retracement and sets the stage for a contrasting .618 rebound into the next phase of that ~36-week cycle… or a ~24-week decline that sets it up for a 50% time rebound into the next phase of that ~36-week cycle) – that CP focuses on mid-July ’26 as a future, very pivotal time frame.
Since its Feb 11/12th sell signal, the DJIA has been the weakest index… It has set multi-month lows every 25 – 26 weeks since Oct ’23 and has an overlapping 52-week low-low-(low; April 3 – 10, ’26) Cycle Progression… when a larger-magnitude low could take hold. The DJIA maintains a 1 – 2 month downside target near 45,000/DJIA.”
The DJIA plunged right to its multi-month target as the NQ-100 attacked its 3 – 6-month target (~23,200/NQ) while related indicators honed the most likely time for a low to be on March 30, ’26. The NQ-100 bottomed in sync with its ~8-month Cycle Progression analysis – projecting the focus to July ’26 when a multi-month peak is likely.
The S+P 500 & NQ-100 just turned their weekly trends back up while most other indexes did not. That could lead to volatile swings into July ’26 – with some indexes spiking to new intra-year lows during an intervening decline (~mid-June ’26??)…
Stock indices surged from the March 30th lows and remain positive until daily closes below their respective April 23rd lows. They could peak at any time, fulfilling diverse Cycle Progressions as well as weekly LHRs & trend indicators…
Crude Oil, Unleaded Gas & Heating Oil have resumed their rallies after surging dramatically into late-March ’26 and then correcting to multi-week support. That 1Q ’26 rally fulfilled analysis for a major low in early-Jan followed by a sharp 1Q ’26 surge… but did not signal a major top.
At the same time, the XLE & XOI fulfilled multi-month Cycle Progressions by surging into late-March ‘26, including a ~23-month high (Jly ’18) – high (June ’20) – high (May ’22) – high (April ’24) – (high; Mar ’26) Cycle Progression & a ~6-month/ ~26-week high (Oct ’23) – high (Apr ’24) – high (Oct ’24) – high/low (Mar/Apr ’25) – high (Sept 22-26 ’25) – (high; Mar 23 – 27, ’26) Cycle Sequence.
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.
Crude has a corroborating ~2-year/22 – 24-month high-high-high-(high; June/July ’26) Cycle Progression and a ~1-year low (Jun ’23) – high (June/July ’24) – high (June ’25) – (high; June ’26) Cycle Progression that could produce the next multi-month peak in ~June 2026.” 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.