SPX vs George Bayer's Rule #4A - Mercury 80 Years Ago

MERCURY 80 YEARS AGO

We use the geocentric ephemeris, concentrate only on Mercury as it passes through the Zodiac. We mark each day when this planet enters a new sign 80 years ago, i.e. when it arrives at 0 degrees. We also mark those days in which Mercury turns retrograde or direct. Note, that a planet changing signs and going direct, respectively retrograde are two entirely different things, but for our work they fit together. Here is a list of these places together with the dates when they happened back in 1857. These dates are to be carried over to the year 1937, exactly 80 years further according to the Sun’s motion and not according to Mercury’s motion. All quotations are for Mercury only. In this example the years 1857 and 1858 were used.

1857 – equals 1937         1858 – equals 1938
3/31  0 Aries                 1/6 retrograde
5/20 retrograde            1/26 direct
6/17 direct                   2/13  0 Aquarius
7/23  0 Leo                   3/6-7  0 Pisces
10/10 direct                 3/23  0 Aries
11/22  0 Sagittarius      4/6  0 Taurus

Each and every one of these positions gave 80 years later  tops and bottoms not of a few points but of from 50 to 200 points in hides. Look up the dates on the hide charts. Note: The very same calendar days are used 80 years later.

[George Bayer (1940): Stock and Commodity Traders´ Hand-Book of Trend Determination. Carmel, California; p. 47]

Calculated with Sergey Tarassov's Timing Solution

2013-03-03 05:54 (Sun) = Mercury entered Aries 80 Years ago
2013-03-13 14:48 (Wed) = Mercury (R) 80 Years ago
2013-03-25 16:55 (Mon) = Mercury entered Pisces 80 Years ago
2013-04-05 18:39 (Fri) = Mercury (D) 80 Years ago 
2013-04-17 10:26 (Wed) = Mercury entered Aries 80 Years ago
2013-05-10 03:40 (Fri) = Mercury entered Taurus 80 Years ago
2013-05-25 10:26 (Sat) = Mercury entered Gemini 80 Years ago

SPX vs George Bayer's Rule #40 - Latitude of Venus

VENUS HELIOCENTRIC LATITUDE DIVIDED INTO PARTS

Here is the rule: Changes of trend for minor moves occur at the following Latitude points of Venus:

0°00’ =       0.000 degrees
0°13’ = +/- 0.217 degrees
1°50’ = +/- 1.833 degrees
2°17’ = +/- 2.283 degrees
2°30’ = +/- 2.500 degrees
3°00’ = +/- 3.000 degrees
3°17’ = +/- 3.283 degrees
3°23’ = +/- 3.383 degrees

[George Bayer (1940): Stock and Commodity Traders´ Hand-Book of Trend Determination. Carmel, California; p. 42]

2013-02-16 03:22 (Sat) = VEN Lat @ -02°30'
2013-02-25 10:05 (Mon) = VEN Lat @ -03°00'
2013-03-05 18:15 (Tue) = VEN Lat @ -03°17'
2013-03-12 02:53 (Tue) = VEN Lat @ -03°23'
2013-03-18 01:04 (Mon) = VEN Lat @ -03°23'
2013-03-24 08:40 (Sun) = VEN Lat @ -03°17'
2013-04-01 15:32 (Mon) = VEN Lat @ -03°00'
2013-04-10 20:14 (Wed) = VEN Lat @ -02°30'

S&P 500 = Inside Day Narrow Range 4

HERE

HERE & HERE

Buy the ORB of the S&P 500 cash above 1558.25
Sell the ORB of the S&P 500 cash below 1555.50

Buy the ORB of the E-mini S&P500 June 2013 above 1554.00
Sell the ORB of the E-mini S&P500 June 2013 below 1547.25

Thomas Bulkowski:
The breakout from a diamond top is downward 69% of the time.

S&P 500 vs Gann Time-Price-Relations & Delta Cycles

See also HERE & HERE

Charted with Gannalyst Professional 5.0

SPX vs SoLunar Tidal Forces

2013-01-01 19:59 (Tue) = Earth @ Perihelion 
2013-01-03 04:06 (Thu) = Tidal Force @ Zero
2013-01-04 22:58 (Fri) = Third Quarter
2013-01-10 04:06 (Thu) = Tidal Force @ MAX + Moon @ Perigee
2013-01-11 14:44 (Fri) = New Moon
2013-01-17 04:07 (Thu) = Tidal Force @ Zero
2013-01-18 18:45 (Fri) = First Quarter
2013-01-22 04:07 (Tue) = Tidal Force @ MIN + Moon @ Apogee
2013-01-26 23:38 (Sat) = Full Moon
2013-01-30 04:08 (Wed) = Tidal Force @ Zero
2013-02-03 08:56 (Sun) = Third Quarter
2013-02-07 04:09 (Thu) = Tidal Force @ MAX + Moon @ Perigee
2013-02-10 02:20 (Sun) = New Moon 
2013-02-14 04:09 (Thu) = Tidal Force @ Zero
2013-02-17 15:31 (Sun) = First Quarter
2013-02-19 04:10 (Tue) = Tidal Force @ MIN + Moon @ Apogee

2013-02-25 15:26 (Mon) = Full Moon
2013-02-26 04:10 (Tue) = Tidal Force @ Zero
2013-03-04 16:53 (Mon) = Third Quarter
2013-03-06 04:11 (Wed) = Tidal Force @ MAX + Moon @ Perigee
2013-03-11 14:51 (Mon) = New Moon
2013-03-13 05:11 (Wed) = Tidal Force @ Zero
2013-03-19 05:12 (Tue) = Tidal Force @ MIN + Moon @ Apogee + First Quarter
2013-03-20 07:02 (Thu) = Spring Equinox
2013-03-25 05:12 (Mon) = Tidal Force @ Zero
2013-03-27 04:27 (Wed) = Full Moon 
2013-03-31 05:13 (Sun) = Tidal Force @ MAX + Moon @ Perigee
2013-04-02 23:37 (Tue) = Third Quarter
2013-04-08 05:14 (Mon) = Tidal Force @ Zero
2013-04-10 04:35 (Wed) = New Moon 
2013-04-16 05:14 (Tue) = Tidal Force @ MIN + Moon @ Apogee
2013-04-18 07:31 (Thu) = First Quarter
2013-04-22 05:15 (Mon) = Tidal Force @ Zero
2013-04-25 14:57 (Thu) = Full Moon + Lunar Eclipse 
2013-04-27 05:15 (Sat) = Tidal Force @ MAX + Moon @ Perigee
2013-05-02 06:14 (Thu) = Third Quarter
2013-05-05 05:16 (Sun) = Tidal Force @ Zero
2013-05-09 19:25 (Thu) = Solar Eclipse = New Moon 
2013-05-13 05:16 (Mon) = Tidal Force @ MIN + Moon @ Apogee
2013-05-17 23:34 (Fri) = First Quarter
2013-05-20 05:17 (Mon) = Tidal Force @ Zero
2013-05-24 23:10 (Fri) = Lunar Eclipse + Full Moon + SuperMoon
2013-05-25 20:43 (Sat) = Tidal Force @ MAX + Moon @ Perigee
 2013-05-31 13:58 (Fri) = Third Quarter
2013-06-01 05:18 (Sat) = Tidal Force @ Zero
2013-06-08 10:56 (Sat) = New Moon 
2013-06-10 05:19 (Mon) = Tidal Force @ MIN + Moon @ Apogee
2013-06-16 12:24 (Sun) = First Quarter
2013-06-18 05:20 (Tue) = Tidal Force @ Zero
2013-06-21 01:04 (Fri) = Summer Solstice
2013-06-23 05:20 (Sun) = Tidal Force @ MAX + Moon @ Perigee + Full Moon + SuperMoon
2013-06-29 05:20 (Sat) = Tidal Force @ Zero
2013-06-29 23:53 (Sat) = Third Quarter
2013-07-05 13:59 (Fri) = Earth @ Aphelion   
2013-07-07 05:21 (Sun) = Tidal Force @ MIN + Moon @ Apogee
2013-07-08 02:14 (Mon) = New Moon 
2013-07-15 22:18 (Mon) = First Quarter
2013-07-16 05:22 (Tue) = Tidal Force @ Zero
2013-07-21 05:22 (Sun) = Tidal Force @ MAX + Moon @ Perigee
2013-07-22 13:16 (Mon) = Full Moon + SuperMoon
2013-07-28 05:23 (Sun) = Tidal Force @ Zero
2013-07-29 12:43 (Mon) = Third Quarter
2013-08-03 04:15 (Sat) = Tidal Force @ MIN + Moon @ Apogee 
2013-08-06 16:51 (Tue) = New Moon
2013-08-12 05:24 (Mon) = Tidal Force @ Zero
2013-08-14 05:56 (Wed) = First Quarter
2013-08-19 05:25 (Mon) = Tidal Force @ MAX + Moon @ Perigee
2013-08-20 20:45 (Tue) = Full Moon + SuperMoon
2013-08-25 05:25 (Sun) = Tidal Force @ Zero
2013-08-28 04:35 (Wed) = Third Quarter
2013-08-30 19:01 (Fri) = Tidal Force @ MIN + Moon @ Apogee 
2013-09-05 06:36 (Thu) = New Moon
2013-09-08 05:26 (Sun) = Tidal Force @ Zero
2013-09-12 12:08 (Thu) = First Quarter
2013-09-15 05:27 (Sun) = Tidal Force @ MAX + Moon @ Perigee
 2013-09-19 06:13 (Thu) = Full Moon
2013-09-22 05:28 (Sun) = Tidal Force @ Zero
2013-09-22 16:44 (Sun) = Fall Equinox
2013-09-26 22:56 (Thu) = Third Quarter
2013-09-27 05:28 (Fri) = Tidal Force @ MIN + Moon @ Apogee
2013-10-04 19:35 (Fri) = New Moon + Tidal Force @ Zero
2013-10-11 05:29 (Fri) = Tidal Force @ MAX + Moon @ Perigee + First Quarter
2013-10-18 18:38 (Fri) = Full Moon + Lunar Eclipse
2013-10-19 05:30 (Sat) = Tidal Force @ Zero
2013-10-25 05:30 (Fri) = Tidal Force @ MIN + Moon @ Apogee
2013-10-26 18:40 (Sat) = Third Quarter
2013-10-31 05:31 (Thu) = Tidal Force @ Zero
2013-11-03 07:46 (Sun) = Solar Eclipse + New Moon
2013-11-06 04:31 (Wed) = Tidal Force @ MAX + Moon @ Perigee
2013-11-10 00:57 (Sun) = First Quarter
2013-11-15 04:32 (Fri) = Tidal Force @ Zero
2013-11-17 10:16 (Sun) = Full Moon
2013-11-22 04:33 (Fri) = Tidal Force @ MIN + Moon @ Apogee
2013-11-25 14:28 (Mon) = Third Quarter
2013-11-28 04:33 (Thu) = Tidal Force @ Zero
2013-12-02 19:22 (Mon) = New Moon
2013-12-04 04:34 (Wed) = Tidal Force @ MAX + Moon @ Perigee
2013-12-09 10:12 (Mon) = First Quarter
2013-12-12 04:34 (Thu) = Tidal Force @ Zero
2013-12-17 04:28 (Tue) = Full Moon 
2013-12-20 04:35 (Fri) = Tidal Force @ MIN + Moon @ Apogee
2013-12-21 12:11 (Sat) = Winter Solstice  
2013-12-25 08:48 (Wed) = Third Quarter
2013-12-26 04:36 (Thu) = Tidal Force @ Zero

More HERE

SPX vs George Bayer's Rule #44 - Mercury Halfway Retrograde

MERCURY HALFWAY RETROGRADE PLACE  
... The rule here concerns only the retrograde movement and centers specifically on the halfway point from the moment Mercury turns retrograde to the place where it moves again direct. We figure the difference of these two places in the Zodiac, divide by two and look in the ephemeris (Raphael’s) for the date when this halfway point is reached ...

[George Bayer (1940): Stock and Commodity Traders´ Hand-Book of Trend Determination. Carmel, California; p. 43]

Calculated and charted with Sergey Tarassov's Timing Solution

2012-07-27 20:48 (Fri) = MER @ halfway (R)
2012-11-17 06:27 (Sat) = MER @ halfway (R)
2013-03-05 02:12 (Tue) = MER @ halfway (R)
2013-07-08 23:50 (Mon) = MER @ halfway (R)
2013-11-01 08:45 (Fri) = MER @ halfway (R)
2014-02-16 06:13 (Sun) = MER @ halfway (R)

S&P 500 and DAX vs Intermediate Delta Cycle

According to the Delta-pundits (Wilder, Rosen, Copan, etc.) Inversions of the Intermediate Delta Pattern (ITD = 4 Lunar Month Cycle) only occur between the 'Red Full Moon' and the 'Blue Full Moon' (see colored vertical lines and the reddish time-frames in the first chart & HERE).

ITD #5 occurs around 'blue' New Moons (= grey vertical between blue and yellow verticals). 4 months ago ITD #5 printed 1 TD before New Moon. What was it before the last New Moon? Should it be considered a high, a low, the end of a sideways-consolidation, the end of a triangle (equivalent to a low)? If the latter is correct, no inversion occurred in the 4 Lunar Month Pattern (see pink dashed line), and we should again be at or near a low. A sideways-to-up movement into March 4 (+/- 2TD max) should follow. Very likely it will be a lower high.

However, the DAX obviously did invert around the last 'Blue Full Moon', but then somehow re-adjusted again to the pattern traced 4 Lunar Months back (pink dashed line is shifted 118 CD into the future). If this is correct, also the DAX should now move sideways-to-up into early March. 

A major low in US stock indices is due early to mid-March (9 Month Cycle), and should be followed by another advance to higher-highs during the second quarter. A correction could take place end of March - early April. But the Spring Rally is a very stable annual pattern, even present during bad years, e.g. 2007 and 2008. Usually equities indices rise into the April 23 - May 5 time frame. 

S&P 500 vs Gann Time-Price-Relations & Delta Cycles

45 degrees on the Square of Nine currently equal 19 points in the S&P 500.
See also HERE & HERE & HERE & HERE

See also HERE

Charts above created with Gannalyst Professional 5.0

The dashed magenta line implies no magnitude. See also HERE & HERE

The Finger of God

The Yod aspect pattern is a configuration of three planets creating a long isosceles triangle, called the Finger of God (two 150 degree angles = quincunx, and one 60 degree angle = sextile). Yod is the 10th letter of the Hebrew alphabet, meaning the Finger of Yahweh. It has kabbalistic and mystical significance regarding the name of God, his omnipresence and men's humility. The apex of the Yod pattern is always pointing to something important. Right now (Jan 31, 2013) a very rare heliocentric Yod is formed by Earth, Mars and Pluto (1 degree orb):  

EAR = 131.34 degrees (11°LEO 20'43'')
MAR = 340.51 degrees (10°PSC 30'37'')
PLU = 279.45 degrees (09°CAP 27'04'') 

Mars, God of War, master of energy, action, and desire. Pluto, God of the Underworld, master of subconscious forces, transformation, renewal and rebirth. Out of their water signs both are pointing to Earth, this lonely planet of God's most wondrous creatures in the fire sign of Leo. Last time this pattern adorned our solar system with the same precision was June 13, 1876. Next time will be May 3, 2079. Astrologers usually associate the Yod pattern with the arrival at a fork in the road and having to proceed in one direction rather than another without knowing where it will lead to.

Jupiter Turning Direct = Short Term High

2013-01-30 (Wed) = Tidal CIT 
2013-01-30 (Wed) = JUP (D) = Level 3
2013-01-30 (Wed) = SUN 090 SAT = Level 2
2013-01-30 (Wed) = VEN 090 URA [helio]
2013-01-30 (Wed) = 89 CD from 2012-11-02 H 
2013-01-31 (Thu) = ITD #4 (HIGH)  2013-01-31 (Thu) = Tidal CIT   
2013-01-31 (Thu) = AI 7
2013-01-31 (Thu) = MER 090 JUP [helio]
2013-01-31 (Thu) = VEN 000 PLU [helio] 

See also HERE
 

S&P500 Seasonality - January Indicators

Jeffrey A. Hirsch: The recent Santa Claus Rally (SCR), the First Five Days (FFD), and the January Barometer (JB) were all positive. Since 1950, all three indicators have been positive 27 times and full-year gains followed 25 times. 

The chart shows the 1-Year Seasonal pattern of the S&P 500 when the SCR, FFD, and JB were all positive since 1950.

Delta-Projection - Tides - Astro-Events (Jan 1 - Apr 1)

See also HERE
 
Delta Points since Medium Term Delta low on
2012-12-31 (Mon) = ITD #1 LOW = MTD #8
2013-01-03 (Thu) = ITD #a (HIGH) 
2013-01-08 (Tue) = ITD #b (LOW) 
2013-01-17 (Thu) = ITD #2 (HIGH)
2013-01-24 (Thu) = ITD #3 (LOW)

Delta Projection 
2013-01-31 (Thu) = ITD #4 (HIGH) 
2013-02-08 (Fri) = ITD #5 (LOW)
2013-02-12 (Tue) = ITD #6 (HIGH) = MTD #9 = LTD #11 = Major HIGH  
2013-03-01 (Fri) = ITD #7 (LOW) = MTD #10 = LTD #12 = Major LOW ? 
2013-03-04 (Mon) = ITD #c (HIGH) 
2013-03-07 (Thu) = ITD #d (LOW) = MTD #10 = LTD #12 = Major LOW ?
 2013-03-11 (Mon) = ITD #e (HIGH) 
2013-03-14 (Thu) = ITD #f (LOW) = MTD #10 = LTD #12 = Major LOW ?
2013-03-15 (Fri) = ITD #8 (HIGH) 
2013-03-18 (Mon) = ITD #9 (LOW)
2013-04-01 (Mon) = ITD #10 (HIGH) 

Summary: Delta - Tides - Astro-Events  
Ray Merriman's Cosmic Signatures (Level 1 = major CIT / Level 2 = intermediate CIT / Level 3 = short-term CIT) 

2012-12-28 05:21 (Fri) = Full MOO 
2013-01-01 (Tue) = Tidal CIT 
2013-01-01 19:59 (Tue) = EAR @ Perihelion 
2013-01-02 (Wed) = Tidal CIT 

2013-01-03 (Thu) = ITD #a (HIGH) 
2013-01-03 (Thu) = Tidal CIT 
2013-01-03 (Thu) = AI 8
2013-01-04 (Fri) = MAR 120 JUP = Level 2
2013-01-04 22:58 (Fri) = MOO 3rd Q 
2013-01-06 (Sun) = Tidal CIT 
2013-01-06 (Sun) = VEN 000 Galactic Center  
2013-01-07 (Mon) = Tidal CIT 
2013-01-07 (Mon) = MAR 090 SAT = Level 1
 
2013-01-08 (Tue) = ITD #b (LOW) 
2013-01-09 (Wed) = AI 8 
2013-01-10 05:26 (Thu) = MOO @ Perigee 
2013-01-11 14:44 (Fri) = New MOO 
2013-01-12 (Sat) = Tidal CIT 
2013-01-12 (Sat) = VEN 090 URA = Level 2
2013-01-13 (Sun) = Tidal CIT 
2013-01-16 (Wed) = VEN 0 PLU = Level 1 

2013-01-17 (Thu) = ITD #2 (HIGH)
2013-01-18 (Fri) = AI 7 
2013-01-18 18:45 (Fri) = MOO 1st Q 
2013-01-20 (Sun) = Tidal CIT  
2013-01-21 (Mon) = Tidal CIT  
2013-01-22 06:03 (Tue) = MOO @ Apogee

2013-01-24 (Thu) = ITD #3 (LOW)
2013-01-25 (Fri) = SUN 120 JUP = Level 2  
2013-01-26 23:38 (Sat) = Full MOO 
2013-01-30 (Wed) = Tidal CIT  
2013-01-30 (Wed) = JUP (D) = Level 3
2013-01-30 (Wed) = SUN 090 SAT = Level 2
 
2013-01-31 (Thu) = ITD #4 (HIGH) 
2013-01-31 (Thu) = Tidal CIT 
2013-01-31 (Thu) = AI 7
2013-02-03 (Sun) = AI 7
2013-02-03 08:56 (Sun) = MOO 3rd Q 
2013-02-04 (Mon) = Tidal CIT 
2013-02-04 (Mon) = MAR 000 NEP = Level 1
2013-02-07 (Thu) = VEN 120 JUP = Level 2 
2013-02-07 06:42 (Thu) = MOO @ Perigee 

2013-02-08 (Fri) = ITD #5 (LOW) 
2013-02-10 (Sun) = Tidal CIT 
2013-02-10 (Sun) = MAR 090 JUP = Level 2 
2013-02-10 02:20 (Sun) = New MOO 
2013-02-11 (Mon) = VEN 090 SAT = Level 2

2013-02-12 (Tue) = ITD #6 (HIGH) = MTD #9 = LTD #11
2013-02-15 (Fri) = AI 7
2013-02-16 (Sat) = MAR 120 SAT = Level 1
2013-02-17 15:31 (Sun) = First Q  
2013-02-18 (Mon) = Tidal CIT 
2013-02-18 (Mon) = SAT (R) = Level 1
2013-02-19 (Tue) = Tidal CIT 
2013-02-19 01:44 (Tue) = MOO @ Apogee 
2013-02-21 (Thu) = SUN 000 NEP = Level 1
2013-02-23 (Sat) = MER (R) = Level 3
2013-02-25 (Mon) = SUN 090 JUP = Level 2
2013-02-25 15:26 (Mon) = Full MOO 
2013-02-28 (Thu) = VEN 000 NEP = Level 3
 
2013-03-01 (Fri) = ITD #7 (LOW)
2013-03-01 (Fri) = Tidal CIT
2013-03-01 (Fri) = SUN 120 SAT = Level 2

2013-03-04 (Mon) = ITD #c (HIGH)
2013-03-04 (Mon) = VEN 090 JUP = Level 2 
2013-03-04 16:53 (Mon) = MOO 3rd Q 
2013-03-06 (Wed) = Tidal CIT
2013-03-06 (Wed) = AI 7
2013-03-06 (Wed) = VEN 120 SAT = Level 2

2013-03-07 (Thu) = ITD #d (LOW)
2013-03-08 (Fri) = MAR 090 Galactic Center

2013-03-11 (Mon) = ITD #e (HIGH)
2013-03-11 (Mon) = Tidal CIT 
2013-03-11 14:51 (Mon) = New MOO 
2013-03-12 (Tue) = Tidal CIT 

2013-03-14 (Thu) = ITD #f (LOW) = MTD #10 = LTD #12 

2013-03-15 (Fri) = ITD #8 (HIGH)
2013-03-17 (Sun) = SUN 090 Galactic Center
2013-03-17 15:05 (Sun) = MER (D) = Level 3
 
2013-03-18 (Mon) = ITD #9 (LOW)
2013-03-18 22:13 (Mon) = MOO @ Apogee  
2013-03-19 (Tue) = VEN 090 Galactic Center 
2013-03-19 12:27 (Tue) = MOO 1st Q 
2013-03-20 (Wed) = Tidal CIT 
2013-03-20 06:02 (Wed) = Vernal Equinox  
2013-03-22 (Fri) = MAR 000 URA = Level 1
2013-03-26 (Tue) = MAR 090 PLU  = Level 2 
2013-03-27 04:27 (Wed) = Full MOO 
2013-03-28 (Thu) = Tidal CIT 
2013-03-28 (Thu) = AI 7
2013-03-28 (Thu) = VEN 000 URA Level 2
2013-03-28 (Thu) = SUN 000 URA Level 1 
2013-03-29 (Fri) = Tidal CIT 
2013-03-30 22:50 (Sat) = MOO @ Perigee   
2013-03-31 (Sun) = VEN 090 PLU = Level 1
2013-03-31 (Sun) = SUN 090 PLU = Level 3
 
2013-04-01 (Mon) = ITD #10 (HIGH)
2013-04-02 23:37 (Tue) = MOO 3rd Q

Decennial Cycle and Presidential Cycle in 2013

Michael Riesner and Marc Müller: Technical Outlook 2013 - Since 1900 the US market has marked an important long-term bottom in the first 4 years of EACH decade, without exception (see table of Lance Roberts at left) ... The last major low in the S&P 500 we saw in March 2009, which obviously belongs to the last decade. So either we see in the current decade the first failure of this pattern in more than 100 years or we will see another bear market and subsequent bottom in the next 2 years, which would then fit to both, the presidential and the decennial cycle. In this context it is very interesting that if we combine both cycles and look into the past, we are getting again a consistent picture of having a high probability for seeing a new bear market in the next 24 months. Since 1941 we had 7 presidential election cycles where the post-election and mid-term year fell into the first 4 years of a decade. In 5 out of 7 cycles (72% probability) we saw significant bear markets and more importantly, they were among the most painful bear markets of the last century! 
Conclusion: Our preferred scenario for 2013 is that we see an important March top in equities, followed by a distributive summer top building phase before seeing significant weakness from a potential August top developing into Q4. ... From a potential top of around 1550 to 1570 we could see the market correcting to 1180/1100. From a secular perspective this potential new bear market could bring us a very important long-term low for equities in 2014.