12-20-2011 outlook

The market continues to suggest that a cycle longer than those I normally track for swing trades is having a noticeable impact.  I believe that cycle is the 20 week (Wall cycle) which is down for the next 3-4 weeks.  Here is that cycle: 

FWIW here is my interpretation of the SPX shorter swing cycles:

If I am right about the longer cycle the market bias should be negative for the next 3 or so weeks.  GL traders.