From the link:
Now we are back to simple back candles at the top of more than one ETF: not only SPY, but also QQQ, and in the sectors, LABU, ERX, FNGU, TAN, FAS. These I’ve charted (see the panel below the SPY chart) but these black candles are all over other ETFs and many stock charts besides.
This may be a turning point. It may not. But like all great things in the stock market we won’t have to wait long to find out.
For more discussion and the charts: