Hello Gumbi

"We should see a new high next week which could be as soon Monday with a decline thereafter into the week of the 18th(TP) which should be a panic cycle to the downside. a lot of these moves will be determined by the reversal system, so as long as the Dow does not elect its next bullish reversal at 24765,
the market should decline into the the week of the 18th.
The 2nd quarter is a turning point so we either have to make new lows or close below the 1st quarterly close. The intraday low may occur in May, with June being the lowest monthly closing."

Thanks for the update. Will be watching those numbers.

Any word on a time frame for when the major slingshot move up might occur and if it might be connected to the potential low created following the 2nd quarter turning point?

Fred