funbetYes, Laundry is saying the top is around Oct 15.He also...

funbet

Yes, Laundry is saying the top is around Oct 15.

He also has a "mystery" T with a top aroung Sep 16.

Overall he is saying that it go up into the Oct date but in choppy way. He also says that for most it is too late to go long as the post Oct decline will be lower than where we are now.

I see Merriman is calling wild swings between now and mid Oct I think.

Is today an important top? No way of knowing and could be as insignificant as a brief rejection by the Fib. Still I would watch the wedge and a breakdown, which is roughly 4470 and rising. A breakdown probably means a quick decline to around the start of the wedge or 4250ish. That is on a 24 hr chart so that could be during a night session. And of course a breakup would be very bullish.