SELL, SELL, SELL:

I want to update the listening audience that I am placing a major sell signal for next week. I am seeing some incredible divergence signals on all major indexes (SEE S&P 500 CHART BELOW), divergences in the high-lows list to Wilshire 5000 that we have not seen since May 2011 (SEE BELOW), and copper broke down last week preceded by divergence similar to the breakdown in Feb 2011 a few months prior to the stock market peak (SEE BELOW). Overall the market is about to correct BIG TIME in my opinion very likely next week now that OPEX is done for this month. Once we get a daily close below 1338, we should see a fairly swift and significant decline of 5-10%.