Market Top is In

In looking over the charts a bit ago I realized that Tuesday’s high on the S&P did not take out last Fridays high, thats means the macro pattern recognition top was confirmed by yesterdays action and today is just a bounce to sell, the same is true of the Dow.  The NASDAQ 100 did make a new high for this cycle on Tuesday and would confirm tomorrow if the high for the day is below 2167, at the moment it is a 2171.

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