[UNLOCKED] – NASDAQ: Updated Guidance and Forecast – May 2025

5/6/25 Edit: A forecast for the Nasdaq 100 Bullish Percent Index (black line) is now included as a second chart, below. The Nasdaq has been overlaid (light blue). Look for the next change in trend around 5/13/25.

The chart included here is a guideline for navigating the cycles in the Nasdaq going into the summer months.

From early June until early to mid-August, a 90% Blue Wave forecast is present.

Blue Wave forecasts indicate positive (bullish) bias between calendar dates. For example, if a Blue Wave forecast begins on 6/1 and the Nasdaq is trading at 17500, at the wave’s termination, the Nasdaq will likely be above 17500 (positive gain). Reminder: forecasts do not predict magnitude of moves, only underlying bias.

The roughly 29-36 day cycle (displayed here as a red wave) tends to move and shift slightly, so it should be used as a general roadmap only.

The recent weakness in the Nasdaq this week is likely to give way to bullish bias beginning at month’s end. Again, it is best to expect a choppy ride into the summer months.

Charts expand upon click.