Jax,
> three 2" 703 panels above the mix position <
The most important place for overhead mid/high frequency absorption is halfway between your ears and the loudspeakers. That's where the first reflection points are. It's okay to cover more area, but halfway is where the center of the panels should be.
> Should I space the panels 2" apart from one another <
Since you'll have three panels, I'd butt them right up against each other.
--Ethan
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