May 1st = the 1st Friday decline since April 3rd * the McSum vs. its zero line is most often a reliable bull/bear pivot value for the intermediate-term price action to which each McSum relates http://stockcharts.com/c-sc/sc?s=!PMOAZSPX&p=D&yr=11&mn=0&dy=0&i=p08708198884&a=587504104&r=1523123070973 three SPY/$SPX charts constructed by "Grey" years ago, and annotations a bit out of date, and for which I have approval for sharing at the appropriate times $SPX 30 minute http://stockcharts.com/c-sc/sc?s=$SPX&p=30&yr=0&mn=6&dy=0&i=p82247532441&a=255070798&r=1441811826680 $SPX daily http://stockcharts.com/c-sc/sc?s=$SPX&p=D&yr=0&mn=6&dy=0&i=p55814024175&a=247320275&r=421 SPY daily http://stockcharts.com/c-sc/sc?s=SPY&p=D&yr=0&mn=9&dy=0&i=p58907769646&a=252975116&r=1877