I don't pay attention to double tops much. BUT, there is one pair that is prone to drops consistently after double tops: $QQQ With September OPEX in the rear view, midterms coming up, oil/diesel spiking, yields spiking, and the Fed likely to hike again in October, I would not ignore this. This isn't meant to fear monger but as a money manager it's your job to assess the situation and act according to it. That may mean: 1) less swings 2) smaller position size 3) hedging what you need to 4) profit taking on high beta 5) selling covered calls 6) rotating some funds into risk-free treasuries yielding 5% or higher None of these are "THE" right answer as everyone's portfolio and goals are different. The answer for you may be do nothing at all. But you have to think like a risk manager, especially when the market is not in smooth sailing mode.