I believe that an important top is behind us, here are some interesting charts on the subject I would like to share:

SPX CYCLES 5 YEARS TOPS AND LOWS - Tradermc_Cycles's library

SPX 30 YEARS CYCLES TOPS AND LOWS - Tradermc_Cycles's library

I think all this means that the S&P is mean-reverting .

What's new this time is the low participation by retail investors.
Wall Street will be picking their own pockets when we revert to mean this time.

They hate that!

Yes I know I vastly over simplified. But I'm a simple person