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Strategies & Market Trends : SPX Cycles -- Ignore unavailable to you. Want to Upgrade?

To: northam who wrote (6616)	4/3/2025 6:18:54 PM
From: northam	Read Replies (1) \| Respond to of 7409

Report #1 Status Report. 60 min & Daily levels remain bullish. 60 min level is oversold. Tomorrow the Weekly W-E-1 (Extreme Overdue) should get confirmed at the close. The Monthly is in an UNCONFIRMED Bear Cycle M-S-1, it is now below it's lower trend line, which normally results in a Bear Cycle confirmation. With the 60 min & Daily levels bullish, I expect a relief rally in the short term. The Weekly Bear Cycle is due a low in May. The Monthly Bear Cycle will be due a low this month. We could see a new Weekly/Monthly Bull Cycle in May 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 above the 7000 level.