Stocks may be topping in the current 4-year cycle.

Early breakdown signals are appearing on the daily timeframe, though the weekly chart hasn’t confirmed a top yet — so it may still be early.
If this is the peak, the next cyclical bottom could arrive around October, likely leading to a mild bear phase.
With strong AI investment and continued fiscal stimulus, any pullback could simply be a shakeout before a larger rally into 2027–2029. 📈