During the current stock market crash, any upward movement (pop) will be sold off (faded), leading to a crash either on the same day or the following day.
"right now the trend is ultimately to the downside so every pop you get is going to get faded... so we going to get a pop every day but then it's either going to crash that same day and if it don't crash that same day it's setting up to crash the following day"