January 2013 update I (added info Jan 8)

Looks like the 22TD cycle (22-25 trading days long) topped out and is now down until mid-January.  The 34TD cycle (33-35 trading days long) continues down until around Jan 17-18.

I was surprised at the strength of the market Monday and Wednesday this past week.  I had expected the 34TD cycle to dampen the upside of the 22TD cycle (which it did until Monday - and then the 22TD cycle popped like a tightly wound spring).  But the 22TD cycle and 34TD cycle should now be in sync and the result should be a sizable sell down next week....

Here is a visual:

GL traders.

Update Jan 7:

SPX:VIX ratio at extreme highs (usually means sell).

Short term cycle (about 8 days - 10 minute chart):