The name is IRRELEVANT, the pattern what is important. All you have to see is a failed W. But I apologize, my lovers keep telling me I have very wild imagination.
SPX is only -3.7%... It could easily drop 2% more... It was a delayed SDD because we started out with a doubletop thus the pattern was behind schedule by 30-40 minutes. So instead of breaking down around 2 pm, it has just broken down now...