Hello all.  Hope everyone is enjoying their weekend.

Short version:

What I'm seeing appears to support Ciberzone's count that we are finishing w4 (up) and about to start w5 (down).

That would complete the larger w1, then this chart seems to indicate a short w2, and then the BIG w3 down (or some kind of very major top) would start on Jun 15.

I'm short the S&P and I'm putting a (buy) stop at about 1330 just in case I'm wrong.  I plan on getting out at the bottom of w5 and then short again on Jun 15.

Long version:

Sorry this is longer than usual. I try to keep it short, but I want to report research results.

I've spent the majority of this weekend working with Lindsay's timing system with S&P 500 data going all the way back to 2000.

I've come to the conclusion that this is not a "stand alone" system.  But when combined with other systems, it can give confirmations.

Lindsay used the LLH / 107-day system for reporting market tops.  

I personally extrapolated the opposing HHL / 107 day system for reporting market lows, but my weekend studies have shown this to be far less reliable than the LLH / 107-day system.  (I'm sure Lindsay would have figured this out himself if it worked well).  So I'm stripping out the "bullish influence" chart because it's unreliable.

So I can only call major market tops (not bottoms). So it's admittedly lop-sided and only 1/2 the picture which is why it's not a stand-alone system and has to be combined with other things.

So the thick red lines occur near probable market tops.  The other thick lines are generic "reversal" lines that will try to affect price.  They act like support/resistance lines but instead happen on a particular day.  It's hard to say if they'll only cause a small blip or a full on reversal.  If they are right next to each other, the possibility of reversal is greater.  More on these another time.

The activity around Jun 15 is really really huge.  I think Jun 15 will be THE top, but otherwise there will be a topping process in that definitely should end and fall off a cliff by Jun 25.

Good luck everyone!