2026 Hurst Cycles Playbook for the S&P 500 | Namzes

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 the next 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.

Q1 rally, mid-year correction, July and October windows for yearly low, rally in Q4. 

 
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).

Reference:
Namzes (January 5, 2026) - 2026 Hurst Cycles Playbook for the S&P 500.

 

 [ Note: A November 21, 2025, 40-week cycle low would render prior TPR Hurst cycle analyses

and longer-term phasing (e.g., HERE, HERE, and HERE) largely incorrect and obsolete. ]

 

Midterm Years, January 3, 2026.

  

» The 21 November low was the 40-week trough. « 
Christopher Grafton, January 9, 2026.

See also:

Namzes (January 10, 2026) - VIX Cycles.

Namzes (December 31, 2026) - US Stock Market Forecast: 25% Bear Market and Recovery.