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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?


To: Chip McVickar who wrote (208889)3/14/2025 12:52:10 PM
From: northam3 Recommendations

Recommended By
GROUND ZERO™
milkintocheese
toccodolce

  Read Replies (1) | Respond to of 223583
 
This is what I am seeing.

Looking at my million dollar chart below, LOL.

Plan A :

I'm thinking the Weekly W-1 (Overdue) gets confirmed at the close today, high due today, projected to end by 3/28/25.

Then the W-S-2 (Extreme Overdue), possible confirmation during the week of 3/31/25, current projected high 5955.98, if confirmed the high will be due 4/11/25, the W-S-2 would then be projected to end also on 4/11/25.

Then it will either drop into a new Weekly Bear Cycle, or continue upward into a W-2, then W-E-2 (which is due 4/29/25) it takes 8 weeks to confirm a W-E-2, so the earliest it would be able to be confirmed in this scenario would be 5/23/25, so it would be overdue, also a possibility would be the W-SC-2 which is due 7/6/25, it takes 23 weeks to get a W-SC-2 confirmed, the earliest the W-SC-2 could be confirmed under this scenario is 9/5/25, so it will also be overdue. The W-E-2 current projected high is 6720.67 which would be due in the 20th Week of the Weekly Bull Cycle, the W-SC-2 projected high is 6855.06 which would be due in the 27th week.

The W-E-2 & W-SC-2 would be easy to confirm, as the indicators are in easy striking distance.

Plan B:

The Weekly Bear Cycle could continue downward to the W-E-1, which is extremely overdue, the earliest the W-E-1 can be confirmed is 4/4/25, projected low 4783.42, the low will be due 5/2/25, projected end 5/30/25.

The obstacle here is for the W-E-1 to get confirmed, the Weekly MACD (12,26,9) must cross below the zero line and remain below the zero line until the close on 4/4/25. Right now the MACD is 56 points above the zero line. So far it has dropped 33 points from last week, and 59 points the last 2 weeks. So it is possible.

So we see which way it goes.