Equity volatility may already be making it's move.
We're not seeing the mess we had at the end of last Feb., (yet) but new S&P peaks are successively lower while VIX peaks are higher.
If I were smart I'd start shorting.
How did you do that? Post the graph that is.
Just so you don't mind waiting out some possible higher highs.
Peaks in -7 years often come in August or later. The following correction can be a doozy.
I'm not saying don't short now, but it could be early.
OTOH, the Shanghai (shank-them-high) bubble may have already peaked (another big drop last night).