Good evening all.  Here's what my Lindsay Time charts show:

Short version:

Since the upward move didn't originate from anything any substantial time lines, I'm seeing it as a short-term move.  The red line on tomorrow's date means the top was formed today or the top will form tomorrow.  Thereafter the trend should resume down.

Long version:

In the Lindsay time system is the notion of Low-Low-High (LLH).  If you measure the number of calendar days (calendar, mind you, not trading days) between two lows and carry it forward, it will often fall on a high (the high will typically happen the day before, or the same day of the line).

If you have multiple LLH lines occurring close to or on top of each other, the turn should be more significant.

I've attached a couple of images showing the LLH counts in question (one lands tomorrow and the other on the 29th).

My interpretation:  

Since they are just single lines, the don't have as much power as lines on top of each other.  However, this upward move didn't originate from much of anything (at least in terms of this time chart), so the lines should be able to move the price.  I think the first one will turn the price down (today or tomorrow) and the 2nd line (May 29) will accelerate the downward move.

I am personally short SPXU and have been for some time.

If price does not do what I expect and a new high forms on Thursday, I'm placing a stop a little above the Thursday high so as to exit my position if it triggers and salvage what profit I can.

Place your bets gentlemen.  Good luck to everyone!