Two very similar 1929 and 2026 competing daily terminal growth and incipient decay fractal models have been recently presented where incipient decay is interpolated in terminal peak growth. On the basis of 2026 hourly fractals, this one appears to be correct.
To the 1929 peak: 4.5/10/4 of 9 days :: x/2-2.5x/2x, a truncated 3-phase growth fractal series where day 4 of the 3rd fractal is the 3 Sept 1929 DJIA peak. The 9 day 3rd fractal containing the 3 Sept 1929 peak then becomes the 1st decay base fractal of a 9/19/18/10 day :: y/2-2.5y/2y/1.5y” crash 4-phase fractal decay series where y” is 1.5 times ( the 3rd decay fractal length divided by 2.5)
Qualitatively 3 Sept 1929 peak growth was related to excessive leverage in the equity market with 10% margin buying and overvaluation – and over consumption with consumer credit for debt based purchases of new products. 25 Feb 2026 ACWI peak was likewise a result of highly leveraged private debt for Tech and AI products, trillions of corporate equity buy-backs resulting in historical overvaluation, and high consumer and credit card debt. Add to these elements, the instantaneous inflationary pressure of critical supply loss of energy, fertilizer, and critical petroleum by-products in markets where a large shift in the marginal cost curve occurred due to relative supply in-elasticity.
To the 25 Feb 2026 ACWI peak: a truncated 3-phase growth fractal series: 5 Feb 2026 4/8/4(25 Feb peak) of 8 days :: x/2x/2x. The 8 day 3rd fractal becomes the 1st fractal decay base of a 8/18/16/10 day :: y/2-2.5y/2y/1.5y” 4-phase crash fractal decay series. Today 24 March was day 16 of an 18 day 2nd fractal with expected lower low terminal 2nd fractal nonlinearity during the next 2 trading days.
The corroborating ACWI hourly fractal series coincident to the above daily series is a 5 Feb 2026 3:30 PM EST 20/46/50 hour :: x/2-2.5x/2.5x 3-phase truncated growth series with peak valuation on 25 Feb, hour 28 of the 50 hour 3rd fractal. The 50 hour 3rd fractal becomes the base fractal for a 50/125/100-115/60-68 hours ::y/2.5y/2-2.5y/1.5y” where y” is 1.5 times ( the 3rd decay fractal length divided by 2.5) The 125th hour low of the 2nd fractal is anticipated at 330 PM EST 26 March 2026.