Rinse and repeat?

It appears to be the possibility for the overshoot I mentioned yesterday is still in cards today but todays level is somewhere around 915 due to the declining top lines

Below is the updated chart of ESZ8. A spike towards 915 then a pull back below the trend line would leave a classic topping tail and is the most usual action before the real sell off but it doesn't necessarily have to be all the time.

Staying short till 500-550 on SPX