Time Squares has 10/7 +/- as the next major swing High

1. Long term (red) channel resistance is at 2555 SPX+/-5. 

The 3/6/09L - 4/3/12H (top red) channel and (lower red) the 10/4/11L-11/16/12L-10/15/14L parallel channel line comes in at 2555 SPX area. We are right there now.

2. Time Squares from 7/8/09L (pink lines on chart)

+38.89^2 = 1512 CD = 08/28/13L

+40.89^2 = 1672 CD = 02/04/14L+1 CD

+42.89^2 = 1840 CD = 07/22/14H

+44.89^2 = 2016 CD = 01/14/15L

+46.89^2 = 2199 CD = 07/16/15H+4 CD

+48.89^2 = 2390 CD = 01/23/16L -3 CD

+50.89^2 = 2590 CD = 08/10/16H +5 CD

+52.89^2 = 2797 CD = 03/05/17H -4 CD

+54.89^2 = 3013 CD = 10/07/17 +/-4 CD

This is a simple Square of 9 technique. Counting from 7/08/09L and adding Time Squared Calendar days (CD), has pinpointed future major Highs and Lows, for example 

7/08/09L + 38.89^2 CD (Calender Days) = 38.89 X 38.89 = 1512 CD.

7/08/09 Low + 1512 CD  = 08/08/13 Low. 

To get the next date, you keep incrementing by 2, so, 38.89 + 2 = 40.89, etc. 

(see table above)

It next targets 10/07/17 +/-4 as the next major turning point (High).

3. Vedic Venus in Virgo (Red vertical lines on chart)

7 of the 8 Vedic Venus debilitated in Virgo, since 3/6/09L, saw sharp declines.

5 of the 8 saw a Major High decline to a major Low during those days.

8 of 8, all of them saw a major High or Low during those days.

The next Venus in Virgo is: 10/9/17-11/2/17

Shorter term, we are right at double channel resistance as well.

Conclusion: The euphoric rally is about to end in the coming days as we are right at major long & short term channel resistance and right at the next major time Square due 10/7 High+/-. We need to see a reversal & close lower to confirm this. The "Vedic Venus in Virgo" suggests we should see a relative sharp decline in the coming weeks. Overall, once this pullback completes in the coming 2-4 weeks, the rally should resume to fresh All time Highs.