Possible SPX cyclical top.

A weekly TD sell signal confirmed the week of Dec 13, 2013, setting up a 3- or 5-wave decline to test TDST supports/stops around the 200 DMA and 1398/1329 in the next 7-8 to 13 to 21 weeks. If so, the optimal seasonal/cyclical short would occur on a rally back to the 50 DMA with volume and breadth non-confirmation and a bearish MACD divergence.

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