We are still holding longs, looking to take profits soon (see post ) and will be looking for shorts. Markets recent thrust up has resulted in a lackluster bounce which is looking more and more like it wants to test previous lows. With a thrust lower going into next month June and may continue for 4 weeks according to our “one step ahead” OSA indicator, see previous post for chart. Look to get defensive and a buying opportunity then. High probability we take out recent lows to give us a a buying opportunity. See other OSA forecasts for the next moves.