So what has happened? Tyler had a huge blow off top, but a slow moving one:
In close up we can see the slow motion of the top formation:
So whats going on? I believe two things. First, a blow off top will usually move at the same speed down as it moved up. Tyler wasn't in a hurry on the way up. Second, a blow of top tend to creep down at least 6/10s of the top formation. Something like this:
Sometimes it goes all the way below the base but not always. 6/10s of the top formation is a common pattern. It could of course have a counter rally on the way there but still this is a level I suspect it will end up in before it turns. Now what is it going to take to get there? I don't think it's going to get there by itself. It would be far easier with some support from a sluggish general market. So if Tyler is going to fulfill its destiny, set by yours truly, then the market would have to become more bearish. Lets see what happens!