More importantly, the weekly cycles are closing red for the week, a little follow through early next week, and things might get 'interesting'.
IWM
Dow
Sp
Summary
So, sp'1354 to close the week, having declined from the Tuesday peak of 1374. Is the top in for wave'2 yet? We won't know until we break back below sp'1320. Only then will the broad up trend be fully broken. A break into the 1310s..should in theory open the door to a swift move to sp'1225/00 with 2-3 weeks.
*I added a further short position in the closing hour, from the equivalent of sp'1353. First target is 1335/30, no later than next Tuesday.
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Bit and pieces across the evening..and weekend.