
Thursday SPY drifted out of the rising wedge, then all of a sudden at the end of the day there was a sharp drop at 3:30 that sent the VIX soaring as well.

BPSPX:CPC 20ma looks primed to roll over. This would the market topping again.

VIX closed out of the bullish falling wedge that began in November.
Everything is pointing to a major pull back.