Index ready to pause before final dip?

SP:SPX   S&P 500 Index
Index seemingly forming a nice, even rounded top (a reversal formation)
What I particularly like about this one:
It's nice and even
It has been building for quite some time (4 months)
It is built around a fresh historical high (this makes it more relevant)
It completed yesterday a few points off the critical MA200 support
It contains symmetrical breakouts (green circles) and breakdowns (red circles) on either side
It completes at the end of the week and just before a major catalyst (elections)

The index is down 7 sessions out of the previous 9
Of those, the past 6 have been sequential down days
We are now approaching oversold territory ( RSI <30) but not dramatically
Expect some "breathing space" ahead of the week-end
Expect a break below the MA200 and rounded top neckline (2,082) some time next week
If the support is broken, expect further downside

Potential rebound to 2,122 from here (+1.6%)
Main support at 2,082
If broken, head straight to 2,074 and then 2,063

Short SPY            
Buying SPY             puts
Buying VXX            
Comment: Index rebounded on Friday as expected.
Stopped exactly on the MA200 (critical support).
Tomorrow's elections to "make or break the index".
Stating short for now - Make your bets.
Comment: Index rebound overshot my target at 2,122.
Direction and timeline as expected, however.
Judging by the futures, today is when the index breaks to the downside.
Expecting the S&P to trade below 2,080.
Short index, long vol and long gold should pay.
Comment: The index did break indeed to the 2,030 level, but only briefly and overnight and in a non-sustainable or properly tradable manner. Mr. Trumped did indeed trump us! Now look for an upside break of 2,193.81 (+1.41%) or downside break of 2,134.71 (-0.76%) for a gauge of next possible direction.
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