The top is in. Last week the trendline was broken to the downside. SPX will soon resume the downtrend which is already in place.
VIX has been trending higher for years. Starting in August the VIX trend began to accelerate to the upside.
VIX continues to trend higher to break the 1987 trendline which has already been previously tested.
SVXY has been leading lower for more than 1 year to date. The recent failure of SVXY to test the July peak was the "tell" that SPX had, in fact, topped.