Over the years there have been important tops or spike reactions in May that lead to multi week down moves.
Here is a list on a SPI basis.
'84 May 3
'85 May 20
'86 May 6
'87 May 18
'89 May 22
'90 May 15
'91 May 22
'92 May 13&25
'93 May 28
'94 May 24
'95 May 9&10
'96 May 2
'01 May 23
'02 May 17
'06 May 10
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