SPDR S&P 500 (SPY)

[USDollar]

there was no drop, all in normal market behavior parameters

HOWEVER, that ongoing ebola scare, in NYC now, can undo all the QE and make QE gains disappear. The economic losses could mount to astronomical proportions, the ramifications are enormous.
We may have a November to remember down -30% followed by a similar December to remember. Instead of Santa rally could be Santa running for the hills. And if Gd forbid the ebola escalates to African proportions, which is not big deal for this disease in a dense population like US, then we can see SP500 at 600 like normal.

We all want this market to correct, to undo the irresponsible inflation created, but ebola is not the right way, not what we wish.

No defense, nowhere to hide, it is scary
I don't see much of a treat or tricking going on if this escalates either.

Was this the last hurray for the market? THE top?

Slowly it will clear itself in the charts.