The S&P500 ( SP500 ) bubble burst is likely underway. It looks like the top can be marked to October 28th, with the closing price of 6890.89.Analyst’s Disclosure:I/we have a beneficial short position in the shares of SPX either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Se ...