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Market Crash - ES Ascending Wedge, Volatility & Distribution

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S&P 500 E-mini terminer (CME_MINI:ES1!)  
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CME_MINI:ES1!   S&P 500 E-mini terminer
Trend Analysis Chart Patterns
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trendanalysis chartpattern
ES has been fairly volatile lately, but somehow has always seemed to end up in the 5300 area. I'm seeing this as potential distribution, and I think the failure to break ATH and sustain above on Friday could be a potential double top and we have an ascending wedge as well.

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