S&P Projections – 2012

If Weekly pivot 3 is around last summers highs then my analysis says by year end monthly double top with 2007 to start leg 3 down in 2013 to below 2009 monthly pivot of 666 in S&P 500.
Weekly pivot 3 is critical to confirm if 2007 monthly top is also a quarterly top. This is extremely likely as the monthly 2009 low was below the 2002 monthly low and this would negate MAP wave count!

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