Today the stock market advanced in a 5 wave, indicating more upside to come. DJI critical M/A is currently 12,430 and will be broken on rally to 12,597.
Timing involves the components of I1. First the Time Elevations series, which tracks I1 components at high and low values. It generates a signal the day after Memorial Day:
The second is the solar-lunar component of I1, which indicates the day after Memorial Day as a potential top day. This series indicates that prices will hold up through June 9, but I don't believe the peak will wait that long. I want to get short May 31.
Happy Memorial Day, everyone!