Dow Jones Industrial Index and S&P500 might have topped

(Click on the pictures to enlarge)

This might be a premature call, but we might very well have seen the top the major US stock indicies.

If in fact the tops are in place we missed the ideal top in DJI by about 48 points and the ideal top in S&P 500 by 11 points...

In both indicies we can count a clear five wave up to finish wave C and wave II. If my count is correct we are now in the very beginning of the powerfull wave III down.

First lets have a break below the minor support lines at about 9,335 in DJI and about 1,008 in S&P 500.

Is this Nemesis punishment of Bernankes "We save the world" statment we are witnessing now. It would be a classic case of Hybrise being punished less than seven days after the comment was made.