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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 (210229)4/8/2025 6:18:46 PM
From: northam1 Recommendation

Recommended By
GROUND ZERO™

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Report #1 Status Report. 60 min & Daily levels remain bullish. Today a new SPXS Bear Cycle started. Today again the 60-S-2 & 60-1 were confirmed. Tomorrow again the possibility of a 60-E-1 and a 12TH UPRO Buy Signal at close of the 3rd hour. The Weekly W-E-1 is in it's 7th week, projected low is 4783.42, the low is due 5/23/25. The Monthly is in an UNCONFIRMED Bear Cycle M-S-1 likely to be confirmed at the close of the month with a projected low of 5378.24, which has already been exceeded, the low will be due this month. 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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