Financial Market Time Cycles UPDATE

I commence with my gratitude to The Creator

I have alerted you on 05/05 that we have started another leg higher, by the following post, “Yes, Market Price action has confirmed that we have put in the lows, by retesting the yesterday low and divergences of the market indices. Going long is the prudent strategy, now.“

Markets have been coming up higher since then (from the low of DJI, 12,520  and SPX the low of 1,329, a 30 points on 05/05). Russell 2K has had best run up of 3.7% and other Indices like SPX and NASDAQ about 2.5% etc.
However, I see lack of strong commitment from the the big traders, funds, and absence of heavy volume on these up-legs. Dow level of $12,750 and SPX level of $1,355 and NASDAQ $2,860 must be cleared and remain protected to keep it as healthy uptrend. Time Cycle rule the markets, whether there is a volume or not 😉

My geometrical time cycle generator, has 05/09 turn date, if we don’t turn down today, then it means that we have had our geometrical turn date on time, where it took the market higher from its Friday late afternoon sell-off. Geometrical time cycle generator has a clear signal until the next time cycle date of 05/22-05/23 or if we turn down today with this recent rally being failed, [most probably we will], then this date is still valid as next turn date.