i think it's called a sell-off

It feels like we haven't seen this in a while.  A proper bearish day.
Worth noting is the A/D-line pullback to zero on a lower TICK which preceded the selling into the end of day.  Curious that we didn't get a lower TICK reading on those lower lows.

So, one sell-off does not a top make and the previous swing low is still intact, for now.  A curious development on the higher time frame ES we have lower momentum on our higher swing highs with lower momentum on our higher swing lows.  Tomorrow should be interesting; a correction is welcomed by both bears and bulls alike, but going forward a lower high is the first step in developing a bearish bias.

So, provided the SPY lows are taken out going forward, we do have some targets to look to given that today's momentum-pullback-continuation formed a very symmetrical seed wave