Too many words about this are a waste of time.
Here is the last post and below is the current DJIA model. I think it could rally to 17000 before hitting enough psychological resistance to see money coming off the table for the big name stocks that drive the DJIA (only 30 companies) and the S+P 500.
So, if the DJIA is in the final stages of a 5th ending diagonal throw over, then what does the NASDAQ composite look like? Well, nothing is confirmed yet of course but that could well be an owl forming. A break below $4000 will likely begin some real panic driven liquidation IMO.
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