$SPX (1) has declined for 5 weeks, and is 10weeks from the start of this 10-11week cycle. My obj for this cycle was reached and expect rally for 4-6 weeks to next 10week high.
SPX (2) holding short via SDS, entered 4898, last at 5152. I will liquidate at the opening, planning to short again near end of October.
Stay on the right side of the cycle!