Not financial advice.
Bitcoin looks to be forming a Head and Shoulder pattern, 2 H&S in 1.
Correction yesterday brought it down where it rested on the short term H&S neckline (Blue) before moving up again.
If it forms a right shoulder and falls, it should rest on the bigger H&S neckline (Red) before forming a larger right shoulder.
In my opinion, it would be...
Not financial advice
S&P 500 looks to be in a triple broadening wedge.
Currently hit the support of the small wedge.
If it continues to fall, it may end up at the support line of the medium wedge.
The large wedge has been going on for quite a long time so it is uncertain when it will play out.
Keeping watch for the small and medium wedges right now.