The pattern of trading for SPX continues to be consistent with the Deja Vu Cycle crash pattern. Notice the large gap up this week eerily matches the Cycle.
A major crash of the scale that this Cycle predicts for 2013 is extremely rare. The Cycle predicts a measured decline of approximately 460 points to 1025 SPX during the first half of 2013. This represents an initial 31% measured decline potential for the market.
The topping process has not matured yet. This may take another week or so to unfold. Once the topping process completes, the Cycle predicts that the red trendline is due to be tested perhaps late January.
Deja Vu Cycle from 2011: