Jun 1: $spx closed right at the bulls' do-or-die juncture.
for the first time since Mar 16 bottom, $indu is right at the code blue inflection.
$rut dives after exactly back tested the code blue, also the green mid pitch fork resistance.
Jun 1 night: i am short term not bearish.
up cycle could be ended with the indicator up sharply yesterday on May 31.
1). during Feb 18 top ($spx 1344), marked by triangle 1, market turned down sharply.
2). during Apr 6 ($spx 1339), marketed by triangle 2, market turned down sharply.
3). during May 2, $spx shoot up extra for the "Head" of the potential head and shoulder pattern, marked by circle 3.
4). during May 31 ($spx 1345), marked by triangle 4, market turned down sharply.
but there is another cycle, pink equal timing boxes...
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