S&P

We have had the overthrow of the Gann channel,and a gravestone doji candle yesterday after the morning star reversal pattern(unconfirmed).It now remains for the market to break the 3x1 to confirm some kind of top.The vix had a great day yesterday (see Ron Walker's chart),suggesting fear may be creeping back in to the market.The Russell and Nasdaq show weaker charts and are leading at the moment,while the Dow has remained resilient (flight to safety/risk aversion ?)