SPX's Monthly Upcycle Since 12-9-09 & Intermediate Term Upcycle Since 11-2-09 Are Peaking

SPX's (S & P 500, http://bit.ly/i0nsT) Monthly Upcycle since 12-9-09 and Intermediate Term Upcycle since 11-2-09 are peaking (Elliott Wave 12345 up down up down up patterns), see the daily candlestick chart at http://bit.ly/i0nsT

Fed Credit rose a significant/bullish +$9.339 Billion in 5 day period ending 1-13-10, see http://bit.ly/Ys2ds.

Follow me on Twitter, see http://twitter.com/tradethecycles.

Exxon Mobil (XOM), by far the most heavily weighted SPX component (3.11%), has a bearish breakaway gap and an ugly chart, see http://bit.ly/6Dr79y

Get ready for the (short term bearish now) XOM (Exxon Mobil) Lead Indicator, see http://bit.ly/8wiAN2

That's all folks!

.......http://www.JoeFRocks.com/