Similar to the hx recessions of the past, tightening ranges have been a red flag for an upcoming catastrophic index price drop. By my calculations, we have 2 - 3 months before a crash and burn scenario. I will remain bullish until the index drops below 15,500. At which point, I will be shorting each and every sector on the index. This will be the one of the greatest opportunities for shorters from the past 60 years. I will not miss this opportunity. My first stock pick in the next couple months will be to short Air Canada, as raising Oil prices will surely effect profit margins on the sector. I do believe we are on the cusp of a major recession and there is nothing that will stop it. I am keeping a close eye on the Turkish lira as a default from banks in turkey will be systemic.