After a big run last week, a small drop today isn't a huge surprise, or even a concern yet. Until that changes, I'd focus on short setups and wait for the triggers rather than anticipate or try to call any tops here.
Tempur-Pedic (TPX) has struggled over the past week, giving up 10%. There is good support here just below $71 and I would wait for that to give way before looking short. The other possible short setup here is a rebound to just above $73, but not through. This isn't as attractive in my view here, but it is worth considering.
The secondary indicators here have all pushed deeper into bearish territory along with the falling price. We do see slightly higher lows right now on the MACD, Relative Strength Index (RSI), Commodity Channel Index (CCI) and Force Index, but before anyone yells bullish divergence, the price is still higher as well, so we merely have confirming indictors here and not leading indicators. The initial downside target is $67 on a break under $71, with $65 possible as well.
The weekly view on TPX isn't as bearish, but the $70 area is a key focus again. Should we see a weekly close under $70, TPX is setup for a retest of the $62.50 August lows, but more importantly, the previous resistance from 2014 and 2015. Here is an example of indicators possibly leading price. The shorter-term RSI and Force Index have both gone bearish before price here. Also, the stock is trading under its 10-week simple moving average (SMA). The combination of these three is bearish enough that I'm focused on the close under $71 based on the daily chart rather than a close under the $67-$68 the weekly chart would probably want to see to trigger a short.
The setup is here if we get a trigger with some weaker price action. I don't think bulls can sleep well on TPX at the moment.