Important time cycle

We have reached an important point in time where the "hope rally" from March 2009  is now equal to the 2007-9 collapse in terms of time........Gann's 100% of the previous range.and potentially a major time pivot.We have a double top at 50% of the range down,we have a death cross (50,200dma),we have broken the 1x1 calendar time angle from the low........so we MAY start to decline now.........economic data has been dreadful and will get worse but the Fed will do everything it can to try and support asset prices.........problems in Europe will likely  re-emerge sooner rather than later...(see  Spanish chart)