S&P Bearish case - Multi year shows risk of top / market crash?

Please see chart notes

I am wrong if we get a blow off top back up and over the top of channel but if it falls back then this long term chart works.

Its tough to get out at the top unless you are hedged now

Market crashes typically come in late aug / Sep / Oct so just be careful out there

We have not dropped back recently to test the Weekly 200 EMA for a long time, even longer for a big set back. May be relatively better to go to Gold as it showing strength. If you are aggressive move into an inverse hedge fund like XXX - Inverse Nasdaq Tech etc

Other Index confirmation: DJIA also has a top against channel / Japan looks in trouble / India looks like end of banana and China has broken down already.

Sentiment indicators compared with times just before crashes are mostly higher signaling worst case now than they were before prior crashes

I want to be long but need to be very cautious now due to late Aug / Sep / Oct potential crash with all this JPYUSD carry trade unwinding it could reveal further risk off / have a deeper issue