The S&P has tested the 2,100 level nine times. There is no such thing as nonuple top. Heck, there’s really no such thing as a triple top. When a resistance zone gets tested this many times it’s a consolidation before a breakout, not a top.
World stocks tumbled and European bank shares were on track for their biggest ever two-day fall today as the political and economic fallout of Britain's shock vote to leave the European Union drove sterling to a fresh 31-year low against the dollar.