DJIA update - will they be able to maintain normalcy until the holiday break??

In this post I modeled DJIA action that matched today's Dow chart pretty well.  Per the standard EW model, we should expect some kind of 3 wave move back to the level of the prior 4th and that is about what we got.  From the count of the current wave, I think it is probably only 3 of C so it should take take the red path, meaning a sidewaves move for most of the AM with a small 5th wave move up into the close.  My secondary count is to take the blue path as shown.  Either way, anything above 16900 should put us on the alert and above 16980 we should cover our shorts without a moment's discussion or any further thought.