My patent-pending WAG System has been picture-perfect so far. Below I point out Wednesday's action (the surprising drop, which – thank you, Jesus – prompted me to cover my SPY short two hours after yesterday's close) and Thursday's (the zoom higher). I've put a circle where I think we are now.
If the WAG continues its wonderfulness, we'll simmer down tomorrow and then resume the rally big-time next week. The Ungodly Shorting Opportunity Of The Year will appear in June.