Based on Time, Day 36, this trading Cycle should be close to topping but the Price action just keeps moving higher.
My first chart of the SPX shows the current Price channel has now gone parabolic. RSI 5 level on the chart is going nuts near 90. My second chart shows a longer parabola out of the Brexit IC Low. RSI 14 is near 80, the highest it has been in years.
My last chart is of the DOW and show a longer term price channel out of the early 2016 IC Low.
Added: A very interesting 4th chart of UVXY, the “Widow Maker.” I call it the Widow Maker as it is a 3x short of the Stock Market which has been a fools errand as of late. Look at the Volume patterns on this chart over the past two weeks and the apparent bottom 6 days ago. Today it broke my downtrend line and closed above the 10ema. Hmmmm…