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4) Cycles projection from Apr 2025 suggests a low early May, bounce to create a secondary peak late May or 1st week of June and significant decline into July low
-IMO next few weeks we should see a lower high or divergent high higher in $SOXX $SMH
-Price has already exceed all cycle projections using Hurst method by double digits in just 3 weeks; so we are in extreme territory. Reversal down the line will create significant downside targets as price is too stretched from MAs and price offsets - I will post update once projections get confirmed. For now waiting to see where this rally stops.
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