We see four notable technical developments: • The continuous front-month Bitcoin (BTC) futures contract hit our resistance point at $5,509 and then came off sharply (Figure 1). Figure 1 • The S&P 500 Index (SPX) may be topping after finally breaking a steep uptrend line (Figure 2) Figure 2 • VIX (Stock market fear index) is doing a subtle breakout above a Fib speed resistance line. This bodes for a move higher in VIX and a move down in SPX (Figure 3). Ethereum (ETH) may have done a false breakout from a consolidation pattern. Figure 3 • If Ethereum (ETH) cannot recover above $172, this may set up a bigger decline ... (full story)