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


To: northam who wrote (210352)4/9/2025 5:05:10 PM
From: northam2 Recommendations

Recommended By
cycleupcycledown
GROUND ZERO™

  Read Replies (1) | Respond to of 220963
 
Report #1 Status Report. 60 min & Daily levels remain bullish. Today a 60-2 was confirmed at the close. Tomorrow possibility of a 60-E-2 (Extreme Overdue) at the close of the 4th hour. Tomorrow possibility of a Daily D-S-2 during the trading day. The Weekly W-E-1 is in it's 7th week, projected low is 4783.42, the low is due 5/23/25. The Monthly is in an UNCONFIRMED Bear Cycle M-S-1 likely to be confirmed at the close of the month with a projected low of 5378.24, which has already been exceeded, the low will be due this month. With the 60 min & Daily levels bullish, I expect this relief rally to continue. The 60-E-2 & 60-SC-2 are extremely overdue. Possibility of a new Weekly/Monthly Bull Cycle in May/June 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 around 6500.