My current Hurst phasing... last 20 week low was 10/26/2010 +/- last 10 week low was 12/31/2010 +/- which suggests next 10/20 week cluster may cause some weakness over the next 4 weeks. Drop to SPX 1168-1206 would be healthy for this tired extended bull move. SPX would then be refreshed for a new swing above SPX 1350 into June.