Inflation is peaking Technical analysts Larry Williams says there are two ways to look at inflation: 1) The sticky consumer price index measures a basket of items that change price slowly; 2) the flexible price index which changes quickly. Now, #2 is currently at an all-time high. Once the flexible CPI surges, then the sticky CPI. History says that inflation that stays above 2.5% for 29 months on average and we've been through 14. Cycles: the CPI has a dominant 5-year cycle, so it should peak in the middle of 2022, then decline for the rest of the year. Further, the Advance Decline Line tells whether more stocks are rising or falling on a daily basis; currently this line signals to Williams that the AD line is due to rise, leading to a major broad-based rally through the end of June, then pulling back starting in early August, then rebound as the summer ends.