Possible S&P 500 market alternatives based on T Theory analysis from Terry Laundry

Terry Laundry has published his weekly update today - his chart is shown at left (and on his site of course), and you'll want to listen to his audio update at his T Theory website. I don't know that I can sum up concisely the alternatives he's talking about so will just refer readers to listen in on that.

It is evident that from a timing perspective, early June is important for his "T" because it's 3 months from the March 6-9 lows. That's interesting to me, since I've worked out the late May time frame as potentially significant based on time extension (1.618 years) from the October 2007 peak, as well as possible time projections in gold and the dollar (depending on how those play out in coming weeks).