We are approaching an Intermediate Top

When 1040 S&P held, I knew to watch for more upside. I knew it was going to take some time to find a new recognizable pattern, just didnt know it would take the rest of 2010. No way did I believe we would be putting in new highs. Wow!! Grats Cooper for his winnin bet. His prognostication definitely conquered mine in 2010.



The pattern shaping up now is a 5-wave ending diagonal. This pattern is pretty reliable. I have the intermediate top between here and 1300 before the end of the month. The way I will confirm the move is over, is by a break of the yellow bottom trendline. I can't nail down the exact time and date much better because the internal wave structure on the smaller time frames is unlike anything I have seen.



This area probably marks the 7th top call I have had in two years where I believe a stock market crash is possible. A second Hindenburg Omen was triggered a couple weeks ago as well. The one that no one believes in just might be the one that gets em.

Some people believe we are recovering. I am definitely not one of those people.