Market Turning Points - 2026

Short-term and momentum cycles are deep in the lower reversal zone, and the Dow's intermediate cycle is now joining them. When multiple cycles cluster together at these levels, it signals that the selling phase is nearing exhaustion. This next rally will be important. If prices reclaim crossover averages and hold, the probability increases that this stock market recovery can transition into an intermediate advance rather than just another brief bounce.

Markets are working through a reset, not a bottoming resolution yet. Relief rallies will occur but should not be confused with the durable low still forming. A market bottom requires time reaching the cycle window, momentum turning positive, and structure confirming higher lows. The February 13-17 window is where probability shifts back to buyers. Buy stops remain the right tool. Patience until alignment. Execution when confirmed.