Now we are in the same position. This past Friday closed as the exact same pattern, while in this is not rising corresponding to price. I will watch for a sharp breakdown of the and potentially go to 2700 area for a big correction.
Keep in mind even though this happens, it is a huge buying opportunity. I am still targeting SPX to reach 3100-3200 by the end of the year.
I already started the short position at SPX500 2935 level and will add shorts when breakdown happens.