Per David Elliott :

Yesterday played out about how we expected.
The DJ-30 hitting out upside trendline target of 10340 area.
And the SP-500 and QQQQ making double tops;
With the IWM, Russell 2000, failing the daily 50 Simple moving average, SMA.

This price action today leads me to believe we have put in another topping action that should send the markets back down toward the daily 50 SMA for the DJ-30.
The US$ is showing a positive divergent bottom, with some technical long signals.

To follow up on my market topping conviction we went short Wednesday, intra-day, the indexes, as well as some bank stocks and other IHF pattern stocks.

Several bank stocks are also stalled at the 50 SMA area, BAC and GS, and JPM.
These appear to be good shorts with an Ice Hole Failure, ( failing the 50 sma).
Downside targets for IHF bank stocks would be below the last week’s current low.

Several stocks are showing a possible failed new high retest Wednesday.
That list includes
AAPL
AA
BA
DD
T
AMD
BRCM