![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjTdUQiKY4QBiNgvPlikVFJuNqDzLs5jdMj4uOLzmn71yAa7EXu6h7qAGzd3nm6IDp0-Ajjr5mVNyYGhZ4W_JvCnkXG25ULqOaGgIVmWeg_efxZsZ9p9TJxfrBZ4UCPx9ccUxHHOl6GUTE/s400/spxs20091221.jpg)
The very short term count is not that clear. It's very possible that micro wave [1] topped today and we are in wave [2] to about 1105 till tomorrow/Wednesday. But it's also possible that the market will make a new high tomorrow morning and then start to drop.
However, it looks like we'll get green X-mas (well not outside ; )) and that the top won't come until early January 2010.