We are there, but not down, still basically there, no significant decline from that IT TOP range, maybe another day or two of thrashing around, more battles, but the BULLS came back quite strongly today with the typical LAST-HOUR buying.
This is a SPX hourly just to locate where today's close is in relation to the recent highs and a few well-watched levels:
20ma @ 2779 (yellow)
close @ 2774 (green)
50ma @ 2763 (cyan)
200ma @ 2684
That white line is the VIX; it was DOWN today while the SPX was DOWN.
VIX has been basing but no VIX hourly or daily buy, as yet.
Toppish, but today's action has not confirmed the IT top, not as yet. A close above SPX 2810 will indicate a resumption of the V-shaped rally since Dec 24th 2018.
QQQ daily close has been almost FLAT for the past 3 days, slightly down but nothing significant. Hate that, go up or down, not flat!