If negative news (worse than expected) or continued lack of progress in the US-China trade war is announced, markets will peak, break support levels, and then begin to retrace.
"If anything gets announced that is as it has been worse than what was expected andor the uh trade war between the US and China continues to um show that it it's not coming to an end, then yes, you cannot be surprised that markets peak, we break support, and then we begin to retrace."