May 10, 2026

Update

The impulse playing out as expected - DJ looks like ED,NDX/SPX with normal impulse.
Pattern and cycles are in the late stages... next week should be game over.

The final impulse playing out as expected, currently in v/5.
DJ will be the ED completed....
Daily cycles late in the cycle may be a few more days.
The upper trend line has been reached with double RSI divergence on the weekly chart. Impulse or zig-zag - in both cases it is a significant high. All this four years after the previous important top.

2 comments:

  1. Nice but the momentum is very strong

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  2. And if this goes to 7700 -7800 where would that put us in the cycle? I'm not talking about a straight line. Maybe consolidate around here for awhile maybe even retest the low. But much higher before any real crash. Possible?

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