So not only do we now have a confirmed break down of the bearish ascending wedge; we also have a almost perfect head and shoulders pattern. We also have a parabolic sar flip and fisher transform crossover to bearish on the daily. Appears we are definitely going down to 7500 though ultimate target initially is 5K.
Note
Still a small chance of a double top if the following yellow wedge plays out: Note
Bear flag on shorter time frames 
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.