SUSI WEEKLY UPDATE: Retest or Continuation?

(due to technical constraints related to our travel activity we run SUSI on a smaller UNIVERSE then usually but still hope to offer a representative sample)

• Mr Maket is retesting the Exhustion levels of the previous signals, which has led to a host of (weak) buy Signals.
  
  
• If Mr Market is taking out these upside Exhaustion levels (on the SUSI INDICATOR) then we could see another leg up even a "melt up" to 1050-1100 (S&P500) , ...
  
• ..if "he" fails then SUSI could trigger a series of SUSI Sell Signals (lower Indicator peaks) on the heels of the previous exhaustion signals. This would be very bearish.
  
  
• Pls also be alerted that this week is Q2 end, meaning most institutional participants will try to defend strong levels.
  
  
• Even more interesting is the fact that most charts show a TimeCluster (TC) around June 10 (+/-) which indicates a high probability pivot. If a HIGH or LOW we don't know at this point in time. (..or whether the MOMO is so strong that it will overrun the TC cluster...)
  
  This can mean that the market runs for another week and set a HIGH or that we see a sharp sell off next week into a swing LOW (Buy opportunity ?). Today's action indicates the former.
  
  
• Beyond that we notice a bounce of the zero level (not shown) by our VIX OSC, which further supports some positive Q2 end action