SPX hit resistance today at the red fork. The cycle analysis is also extremely negative for tomorrow.
NDX continues to weaken, and the gap is widening. I showed many charts in the first half of 2011 with comparisons using the financials and SPX. The Financials were warning well in advance of the August collapse, and in this case it is NDX.
The DAX is leading down in December. I have shown the DAX comparison before, and it has given great signals in advance of downturns in SPX.