Following the November 21 (Fri) 40-week cycle low and the December 19 (Fri) 40-day cycle higher-low confirmation, the S&P 500 is now in a new 40-week cycle uptrend. Though a 40-day cycle pullback is expected in late January, the rising 20-week cycle should drive the S&P 500 higher toward around the February 20 (Fri) option expiration.
Building on prior calls like the accurate November 2025 low, the chart above illustrates July 2026 as an ideal nested low for multiple cycles (20-week, 40-week, possibly 18-month and 3.5-year or 42-month).
[ Please note that a November 21, 2025, 40-week cycle low would render prior TPR Hurst cycle
See also:
