futures are currently trading near $98.22, following a sharp corrective leg from the recent swing high near $121.78. The VC PMI framework continues to define this move as a classic mean-reversion cycle from the Daily Sell Zone back toward statistically significant Buy levels. Price has now tested and briefly undercut Daily Buy 2 near $99.03, while the session low printed close to $95.12, placing the market inside a high-probability reaction band where short-covering and tactical long interest typically emerge.
From a VC PMI perspective, the Daily Mean (VC PMI) near $114.21 remains the dominant magnet above, confirming that the broader structure is still in a corrective phase rather than a renewed upside expansion. The failure to hold Daily Buy 1 at $106.63 accelerated downside momentum, aligning with the Weekly cycle’s pullback toward Weekly Buy 1 near $93.14, which now represents the next statistically critical support if volatility expands further.
Square of 9 geometry reinforces this technical framework. The decline from the $121.78 high aligns with a rotational move back toward the $98–$95 price arc, a zone that corresponds with both harmonic square levels and cycle symmetry within the active 30- and 60-day time windows. This convergence suggests that current prices are entering a cycle compression phase, where directional resolution typically follows.
Cycle Dates & Timing Windows
The current downswing projects a short-term inflection window between January 31 – February 2, 2026, where price should either stabilize into a reaction low or accelerate into a final weekly cycle flush. A secondary momentum window is projected for February 6 – February 9, 2026, often associated with mean-reversion attempts back toward the Daily Buy 1 and VC PMI Mean. If price remains suppressed into mid-month, a broader weekly-to-monthly cycle turn is projected for February 14 – February 18, 2026, which aligns with Square of 9 rotational symmetry from the January high.
A sustained hold above $98.00–$99.00 during the January 31–February 2 window increases the probability of a mean-reversion rally toward $106.63 (Daily Buy 1) and potentially $114.21 (VC PMI Mean). Conversely, a decisive breakdown below $95.00 during this same window opens the path toward the Weekly Buy 1 at $93.14, completing a full weekly cycle rotation.
Momentum studies, including MACD, show early signs of downside exhaustion, with histogram contraction hinting at a developing divergence. This supports the probability of a short-term reaction rally, though confirmation requires a close back above the $102.24–$106.63 resistance band.
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Disclosure: This report is for educational and informational purposes only and does not constitute financial advice or a solicitation to buy or sell any futures, options, or securities. Trading futures and leveraged instruments involves substantial risk and may not be suitable for all investors. Past performance is not indicative of future results. Always consult with a licensed financial advisor before making trading decisions.
