Keep this in mind.

These waves are long term, from months to years.

They are not affected very much by short term gains.

As we said in another post, to affect these would require the S&P 500 to go up to, at a minimum, $2,200.00 or 40% in a trading year.

Red and Green have crossed and are below 0.

Keep an eye on that Blue wave.

With a little imagination, you can project it to reach 0 and go below in a month or two.

You can also see the Green wave is down months before a market down turn.

The Red wave a few months before a down turn.

Well, the Blue, by time the Blue wave moves down past 0, the market is already heading down.

All three, Red, Green, and Blue below 0... bad news.

You've been warned.

Good Luck.