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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 681.92-0.7%Dec 31 4:00 PM EST
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To: northam who wrote (210175)4/7/2025 5:09:35 PM
From: northam3 Recommendations

Recommended By
GROUND ZERO™
Hank Scorpio
toccodolce

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Report #1 Status Report. 60 min & Daily levels remain bullish. Today 60-S-2 & 60-1 confirmed. Tomorrow possibility of a 60-S-2 or 60-E-1. Tomorrow a new SPXS Bear Cycle will start. Possibility of a 12TH UPRO Buy Signal at close of the 1st hour. Today new Weekly low at 4835.04, projected low is 4783.42, low due 5/23/25. The Monthly is in an UNCONFIRMED Bear Cycle M-S-1, it is well below it's lower trend line, slight possibility that a M-1 could get confirmed at the end of June. With the 60 min & Daily levels bullish, I expect a relief rally in the short term. The 60-E-2 & 60-SC-2 are extremely overdue. Possibility of a new Weekly/Monthly Bull Cycle in May/June which could easily propel the SPX back to the 6000 level, then I would expect the rest of the year to be very bullish to close out the year around 6500.

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