Let me share on alittle observation on the indices...
look at dow jones, S&p500, Nasdaq they all have a similar pattern where they will move up and hit certain resistance. This will prevent the price from moving higher and form a flat top. This flat top will produce mkt drop. Let take a look at S&p500
From here u see, flat top will make mkt drop...so this time round there is a flat top, which may produce a mkt drop.
As i am talking here, the dow is down 82, Nasdaq down 31, S&P500 down 11
