S&P 500 & Nasdaq Analysis and Trends

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The Dow Into May
By: Marty Armstrong | April 1, 2024

We still see the market rising overall, ideally into the second quarter of 2026. The minimum target projection would be at the 53000 level, with the more aggressive target being 58000. Nevertheless, we are at a critical juncture where there remains the potential for a correction here in April into the week of May 6th, coinciding with the ECM turning point. It would be fantastic to get a precise low on May 7th. That would raise the potential for a continued rally after that into the next near-term target of the 2nd quarter of 2026.

We can see that the Timing Array has targeted March for a temporary high with a possible change in trend briefly into May. Then, note the Directional Change in June. The Panic Cycle is in September, so we could see a high just after Labor Day and a crash in anticipation of a rigged election.

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