downward market signs being given by Ichimoku analysis

I know, it's been a very long time with no post. My bad! Anyways, since last summer, things have been plugging away without much downwardness.

However, let's take a look at 2 graphs for the SPX & DJI.

Things are starting to break down on both charts, in fact it started yesterday. Both broke below and closed below the RED line. Also, the Chikou span is below the lagging prices. 2 negative signs. That being said, it could be a headfake - there is still no red surpassing the blue lines - that crossover hasn't happened yet. Looks like it's coming, however - but I wouldn't bet on it. Furthermore, even if that does happen, it's going to happen above the Kumo cloud though - so its a weak bear sign.

I think this is a good time to take any profits you have right now. It's best to be on the sidelines here until there is some definitive movement either way. The next bear signs are going to be if there is the red over blue crossover, or if there is further market decline and it closes below that Kumo cloud - which would be 9973 on the Dow or 1069 on the S&P.