Market top and long positions

As you may have seen from my post on dow n Ftse i remain bullish for the rest of the year when i expect a top to come in and complete 5 primary waves up and start a bear market going into 2014 for at 6-9 Months.

The key numbers i have for any meaning full corrections/pullback are 1391/1400, 1386/1400, 1433/1440, 1465/1475, 1499 so far...

I also have an alt bearish count but that's a bit way of in my view until a certain level is validated.

Here's a quick n dirty chart of my view for this year and going into 2014, its the only one i have saved on my work machine, will send a detailed one out..but this will give u an idea of my thoughts... could be completely wrong but for now my view remains bullish. All IMHO.

dl.dropbox.com/u/40497882/SPX_daily1.JPG

Just thought I would throw in the current VIX positions as well...

If the 14 Resistance breaks, then there could be a potential fall in the markets.

dl.dropbox.com/u/4385922/VIX_31.png

Hi, not posting to much as im busy with life atm, just though i let you know something i've spotted, cant see the top formation on other indices yet but watching,anyway Nasdaq looks like h@s has formed, no new high made like other indices so something to bear in mind, IG insight still showing over 86% their customers are short FTSE so things still pointing for further gains in indices form this perspective, 60min charts showing divergence on DOW but i'm not sure if its strong enough to reverse long time up trend on dialy, i would like to see divergence on the daily chart too,

Madmaxx
Good spot mate.

No particular signal as indicators can remain overbought for prolonged periods but I just noticed the FTSE recorded its highest 14 period RSI reading since '97.


dl.dropbox.com/u/24866576/January%202013...E%20100%20310113.gif

I'm here to help ,