Once SPX reach 1680 I will go short. SPX symmetry and weekly cycle are telling me that a downtrend is coming:

cool chart...do u have a stop loss and a target ? Hope it goes your way

Hi BruceM,

First target 1570 and second one around 1480-1490. A stop loss if SPX makes new highs.

If it helps you I found another chart of this guy that could show a major top:



http://www.screencast.com/users/Tradermc_Cycles/folders/Default/media/3e30ce1f-dcf9-4761-adb6-82c8b9244197