Next cycle ahead is the Hurst 10 week low - Patience the Key

The reason I did not chase the latest rally with heavy longs is the uncertainty on how the 10 week low will unfold. SPX is still going higher into July, but I believe my patience will be rewarded as other traders may get trapped or whipsawed.

Here is a chart of UPRO with mild selling scenario and more extreme selling scenario....both cases are bullish....Both of these scenarios are possible under Andrews Theory, but one only needs to wait patiently until the May 16-23 10 week low area and BUY WHATEVER DIP ARRIVES.