A look at correlated markets this week.
Yen mixed earlier but now pressuring sp500 today.
EuroDollar weakness earlier ( bullish for sp500 ) but strengthing today, pressuring sp500.
10y notes generally higher, pointing to risk off , pressuring sp500
Crude oil down and up and as of late, down, pressuring sp500

Doji Daily.

And finally, TED spreads continue to rise:
$TED - SharpCharts Workbench - StockCharts.com

presaging a decline in SP500.

VIXY daily. Cup and handle forming preparing for another spike OR continued downtrend?

Still holding my short from 1925. While deciding whether to hold into the ONS I'm at least looking for a better price in the clean up session.

Here's how it's looking. There was a rejections at 1925. It looked decisive when it first happened at 15:07. I should probably look at the volume there as well. Could the bottom be in? Should I go long and hold overnight?

timendaGain 

VIXY daily. Cup and handle forming preparing for another spike OR continued downtrend?

That's an inverse cup and handle if anything.

Check out:

1. https://thepatternsite.com/chartpatterns.html
-patterns

2. https://www.blogger.com/blogin.g?blogspotURL=http://kewltech.blogspot.com/&type=blog
-how to trade

Here's the "rejection" area with delta volume histogram. No significant volume. Maybe not the significant price level I thought it might be. If volume were high would that really mean something? Should I keep volume on my chart?

Okay Trade is over. Closed @ 1928.

TheTradeSlinger 

That's an inverse cup and handle if anything. Check out: 1. https://thepatternsite.com/chartpatterns.html -patterns 2. KEWLTECH -how to trade

Yeah I see what you mean. I was looking at the small dent in price at the end.