Cycles have won the battle against geopolitical noise. All cycles are aligned to the upside, and procyclical geopolitical moves are being supercharged. The S&P 500 broke out to new highs with a conventional measured move target of xxxx. The critical test in coming weeks: can price clear the top of the 4-year cycle channel at xxxx. Cycle projections point to near term highs of xxxx-xxxx.
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This report includes the support and resistance levels, cycle projections, conventional price targets, and indicators to watch to determine the direction of the next big move.