Recap
In our real time private LinkedIn group that goes by the same name as this publication “Volatility Report” Monday I said the following about the Dow Jones:
“Any rally here is secondary. The structure of the timing model is decisively bearish.” A chart was used that pegged an expected rally, “…near 49,000 on the Dow, with a resistance band between 49,025 and 49,312. That zone is not important by itself — it matters because of WHEN it is being tested. Here we are.
The market’s recent behavior has moved precisely in step with the 2026 Annual Scenario Planner (ASP) Issue #4, published Jan 19, 2026. That work is time-based, not price-based. CT’s series of ASPs from late 2025 has identified mid-January as a primary change-of-trend window.