WEEKLY TIMING ARRAY PERSPECTIVE
Our key target was the week of May 4th yet since this market has penetrated the the week of May 4th low, then a further decline is possible into the next target of the week of May 18th, which is a Directional Change. The strongest target in the Weekly array is the week of June 22nd for a turning point ahead, at least on a closing basis. There are 2 Weekly Directional Change targets starting from the week of May 11th to the week of May 18th, warning of a potential choppy swing period for these few Weeks. Don't forget, a Directional Change can also be a sharp dramatic move in the same direction, not just a change in direction.
MONTHLY TIMING ARRAY PERSPECTIVE
Our key target was April with a possible further decline thereafter into July. The strongest target in the Monthly array is July for a turning point ahead, at least on a closing basis. We have overall 3 Monthly Directional Change targets ahead and 1 that also aligns with a main turning point on the top line of the Array. Therefore, this target should be an important one. This target in time is January 2027. Directional Change targets that align with the top line for turning points often unfold as the main cyclical events. We also see a convergence in the Array with both the Directional Change and Panic Cycle lining up for the same target of November. This emphasizes the importance of this target as an event on the horizon. Don't forget, a Directional Change can also be a sharp dramatic move in the same direction, not just a change in direction.
We closed the previous month at 10505 after making a new high up four months from the low established back in March during 2025 at 8325. Currently, this market is still in a bullish posture above all our monthly indicating ranges. .
MONTHLY TIMING TABLE FOR: 2026/04/01
| 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 1 | 2 | 3
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TURNING POINTS
| 24 | 36 | 64 | 72 | 28 | 52 | 56 | 40 | 24 | 52 | 40 | 44
DIRECTIONAL CHANGES
| 0 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 1 | 0 | 0
PANIC CYCLES
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 0
LONG-TERM EMPIRICAL
| 1 | 1 | 5 | 3 | 1 | 5 | 3 | 3 | 2 | 2 | 6 | 5
VOLATILITY
| 0 | 5 | 5 | 4 | 4 | 6 | 12 | 3 | 4 | 6 | 6 | 6
HYPOTHETICAL MODEL ANALYSIS
Utilizing our Tentative Hypothetical Models, we see that we have Weekly Bullish Reversals that would be generated if we see another new low penetrating 9860. These Tentative Hypothetical Bullish Reversals would stand at 8325, 9762, 10378, and 10786, whereas a close above the previous high 10195 would tend to suggest that these Tentative Hypothetical Bullish Reversals will then become fixed as long as the low holds thereafter for at least several days. Moreover, the election of any of these Tentative Bullish Reversals during that session would signal that a bounce is unfolding and that such a low may stand. However, if we continue to make new lows, then these WHAT-IF Reversals will be replaced by a new set until the low becomes fixed.
Employing our Tentative Hypothetical Models, we see that we have Monthly Bearish Reversals that would be generated if we see another new high penetrating 10785. These Tentative Hypothetical Bearish Reversals would rest at 6440, 7950, 8020, and 8350, whereas a close below the previous low 10017 would tend to suggest that these Tentative Hypothetical Reversals will then become fixed as long as the high holds thereafter for at least several days. Moreover, the election of any of these Tentative Hypothetical Bearish Reversals during this next session would signal a decline is unfolding and that such a high may stand. However, if we continue to make new highs, then these Tentative Hypothetical Reversals will be replaced by a new set until the high becomes fixed.
REVERSAL SYSTEM
Applying our Reversal System, our next Daily Bullish Reversal to watch stands at 10150 while the Daily Bearish Reversal lies at 9806. This provides a very near-term 4.90% trading range. Using the Weekly level, the next Bullish Reversal to watch stands at 9990 while the Weekly Bearish Reversal lies at 9500. This provides a 4.90% trading range. Now moving to the broader Monthly level, the current Bullish Reversal stands at 10970 while the Bearish Reversal lies at 8350. This, naturally, gives us the main broad trading range of a 23%.