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Strategies & Market Trends : SPX Cycles
UPRO 119.67-1.4%Jan 14 4:00 PM EST

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To: northam who wrote (6672)4/23/2025 8:05:24 PM
From: northam  Read Replies (2) of 7405
 
Report #1 Status Report. Daily level is bullish. 60 min level: 60-E-2 (Overdue) confirmed. Tomorrow possibility of a 60-S-1 (Extreme Overdue) or a 60-SC-2 & UPRO Sell Signal. Daily level: D-S-2 confirmed. Tomorrow possibility of a D-S-1 (Extreme Overdue). The Weekly W-E-1 continues in it's 9th week, projected low is 4783.42, the low is due 5/2/25. Monthly Level: The Monthly remains in an UNCONFIRMED Bear Cycle M-S-1 which is expected to be confirmed at the close on 4/30/25 with a projected low of 5378.24, which has already been reached, 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. 2026 is currently not looking to good, there is the possibility of a M-E-1 (Extreme Overdue) with a current projected low of 3927.84, it takes 7 months to confirm a M-E-1, right now the Monthly MACD (12,26,9) is 370 points above the zero line, it is currently trending downward , it topped out in Jan at 465, Feb 462, Mar 428, Apr currently at 370. It's been 9 monthly cycles since a M-E-1 has been confirmed, the record is 7, so a new record will be made.

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