Major Top Nearing for S&P This rally still appears to have one last pop left in it. Monday the market should dip a little, but it seems that judging by the geometry, this could top out around Tuesday at near 1311 S&P maximum (red line). From there it looks weak into Jan 12th or so, and a test of near 1255 SPX is the target on that decline.
All of this January topping process is setting up for Crash #1 of 2012. The Crash target is 1044 SPX in February. Additional charts will be following to show February timing, but let's finish up with the top first and foremost.
I did mention that 2012 was going to be a wild year!
https://cyclicalmarketanalysis.blogspot.com/