Fish got cornered ...

SPY didn't open below 84.55 and naturally the gap got filled. But it is now compressed between green and black TLs. All looking well within the grand schema of the topping process.

A daily close near 84.6 will confirm a downside acceleration for coming days...

On the upside its very limited... As multi-decade trends are pressing on many major and sectoral indices....implying an average of 40% drop in a year or so ...

These are precious days, shorting the pops to built an IT position before they ran out of money (only 110B left) will soon be proven another epic xTrends trade