The Bulls are being blocked at the D-1 (4317.41)/D-E-1 (4104.71), so these extreme overdue bear cycles need to get confirmed, they probably won't reach the projected low.
However, at the 60 min level the Bulls could drive the SPX higher to 4450.
Bottom line: The bulls need the D-1 & D-E-1 to get confirmed to move to all time highs.
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