SP500 - Short 1950/1980 - 1750 possible and this could be TOP

FX:SPX500   S&P 500 Index
213 0 3
- SP500             has had a top every 7 years.
- Technically we are at similar postures than in 2000 or 2007.
- There is the possiblity of a E (we had ABCD so far over 14years).
- In October, SP500             will find it difficult to pass 1980:
* Supporting channels that require rentry
* Monthly amplitude was already 160pts when average over 10periods is normally 85 (top of the month was 1970)

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