We entered 50% short positions in the SPY at 115.58. The balance of shorts will be entered at SPY 117.09 Downside targets will be posted.
Cycle tops are due 10/11 and 10/18.This should be treated as a short term trade measured in days. Market should remain highly volatile as it builds long term top, which could last until end of October.
These levels were calculated by using average Fibonacci Cluster Resistance CONFLUENCE levels from 2 trends (yellow & Blue).
See 55 min Chart
