Buy and Sell Signals, and Other Market Perspectives Message Board

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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives

SPY 690.27

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Dec 26 4:00 PM EST

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To: northam who wrote (210859)	4/17/2025 7:49:45 PM
From: northam	3 Recommendations Recommended By da_cheif™ GROUND ZERO™ Hank Scorpio Read Replies (1) of 220708

Report #1 Status Report. 60 min & Daily level is bullish. 60 min level: Today the 60-SC-1, 2nd UPRO Buy Signal & SPXS Sell Signal was all confirmed at the close of the 4th hour. Then during the 6th hour a 60-S-2 (Overdue) was confirmed, which ended the UPRO Buy Signal & SPXS Sell Signal. I missed adding a UPRO position during this Buy Signal. Then at the close a 60-S-1 (Overdue) was confirmed. The 5th SPXS Bear Cycle ended today. Tomorrow is a trading holiday. Monday a new SPXS Bear Cycle starts, possibility of a 60-1 at the close of the 2nd hour. Daily level: Today was basically a nothing day. Monday another chance for a D-S-2 during the trading day or a D-1 (Extreme Overdue) 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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