Equal-Weight Magnificent 5 Stocks Composite (MAG5) - Cycle Analysis
MAG5 = MAG7 minus TSLA and META
When 2 or 3 out of 3 dominant MAG5 cycles have relatively close troughs, APPL, AMZN, GOOGL, MSFT and NVDA equal-weight composite responds with price corrections.
The next such confluence of troughs is at the end of Feb'27.
We have already seen similar weakness in Mar'27 in some indexes and sectors.