Deva, not only have we exceeded the target for the 7.3yr cyclic top, but the classic nested cycle top is forming using the 72/36/18 day channels which comverge here at the 254-255 area SPY. Also, price is now almost 3 std dev above the 20week ma. Usually the 2 std dev level is an excellent exit point, and that was no resistance at all. Next TL break short term should be the best LT short in 10 yrs.
Oddlot
Stay on the right side of the cycle!