Potential Selling Climax at Channel Resistance

Potential Selling Climax - showing weakness at channel resistance

Very possible broader market top here. You can take a look the correlation between Bond and SPX Volatility and see that more chances that VIX will go higher from here than lower. VIX up = SPX down
s3.amazonaws.com/tradingview/snapshots/c/cgJOce6v.png
Trend Analysis

Disclaimer