S&P didn't confirm Dow's new all-time high, so I think this is the top of the market. People need to dump 80% of long positions -- this market is going DOWN, and will likely make new LOWS below the 2009 hell-dump at Dow 6500..
This whole 4yr rally could have been nothing more than a b-wave with a 3rd wave DOWN DEAD AHEAD! B-waves often make new highs above the prior 5th waves, this is not a confirmation of any Bull Market.. The whole wave structure was in sets of 3's and looked like a triple ending diagonal. The drop ahead will be worse than riding a coaster on rackety loose boards -- YOU HAVE BEEN WARNED!