The Dow Jones Industrial Average ($DJI) has remained above its 125-year trendline for two months, drawing comparisons to its 90% collapse in 1929. Meanwhile, the S&P 500 has shown mixed signals. Despite a 1% decline and five consecutive days where decliners outnumbered advancers, new highs continue to outpace new lows, keeping the Fear or Strength Model positive. The S&P 500 is currently up 15.4% during the 'Sell in May' period, one of the best returns ever. Historically, when the index gains more than 10% during this period, the next six months tend to be higher 10 out of 11 times, with an average increase of 13.2%. Additionally, the S&P index has outperformed signals from global assets correlated to risk sentiment by 4.2% over the last 20 days. Cross-asset models indicate a modest 0.10% gain for the S&P at the New York Open, with futures up 0.51% since the prior close.