5/27 10:00

Technical oversold can only be relieved by higher prices and time.  Futures confirmed wave 2 is in force by rallying to a new high well beyond the wave iii high 1084 yesterday.  The technical composite is +27 or on a buy signal. 

So, when do I expect this oversold rally to finish?

The 5/31 and 6/1 changes in I1 are the acceleration phase.  5/31 is a holiday so I will short Friday afternoon or when ABC appears complete.