Stock market struggling, potential reversal indicated by cycle patterns nearing turning points

From Investing.com: 2025-06-10 01:16:00

The markets struggled to maintain gains, with the S&P 500 up just nine basis points. Rising wedge patterns with declining volume were noted in both the S&P 500 and NASDAQ 100 futures, suggesting a potential reversal. The 79-day cycle is nearing completion, indicating a possible turning point. The dominant 180-week cycle is still in a downtrend, not projected to end until October 2026. While the current cycle may end earlier than expected, further downside or sideways action is possible. Market fatigue is evident as key cycles approach critical turning points. (Source: Cycles.org)



Read more at Investing.com: Stocks Signal Fatigue as Key Cycles Near Critical Turning Points