Report #1 Status Report. Daily level remains bullish. Today a new UPRO Bull Cycle started. 60 min level: Today the 60-E-1 (Overdue) & the 1st UPRO Buy Signal was confirmed at the close of the 6th hour. Tomorrow there is the possibility of a 60-SC-1 & 2nd UPRO Buy Signal at the close of the 4th hour. Daily level: Tomorrow during the trading day there is again the possibility of a D-S-2 getting confirmed during the trading day and a D-1 (Extreme Overdue) getting confirmed at the close. Weekly Level: The Weekly W-E-1 continues in it's 8th week, projected low is 4783.42, the low is due 5/23/25. Monthly Level: The Monthly remains in an UNCONFIRMED Bear Cycle M-S-1 likely to be confirmed at the close on 4/30/25 with a projected low of 5378.24, which has already been exceeded, the low will be due this month. Quarterly level: The Quarterly remains in Q2, projected high 7596.37, the Q-E-2 is projected to be confirmed 3/31/26, projected high will be 19001.05, the high will be due 9/30/2030. Yearly level: The Yearly remains in a Y-E-2, the projected high is 10774.21, the high is due 12/31/2034. Possibility of a new Weekly/Monthly Bull Cycle in May/June which could easily propel the SPX back to the 6000 level by July/August, then I expect the rest of the year to remain bullish to close out the year around 6500.
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